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(...) I would imagine that both are related to the level the economy is operating at. (...) I'm not sure "Railroads" have been nationalised in the UK(?) - I exepct Tony has went the "3rd Way". (...) However you look at that mess, it is not an (...) (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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(...) What are the other criteria used to determine/justify these "natural monopolies?" (...) My coworker has a power line running to his house that he occasionally uses during peak use times on the weekend, but primarily generates his own power. If (...) (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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(...) *some* economists do. Others reject the notion of a natural monopoly. The classic example is the (...) Just as a side note, I've said in the past that I didn't buy the natural monopoly argument, and have argued in detail against specific (...) (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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(...) Since that would mean that my wife has standing to comment (at about 1/8 Native American) but I (at pretty much all European) don't... I would tend to hold it as not reasonable. Else she'll hold it against ME! (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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(...) I assume here you are taking about power supply rather than generation? Likewise for water supply and sewage collection - rather than water and sewerage treatment? (...) For some cities the airports may well be. But I think that as long as (...) (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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Economist have a concept called "natural monopoly" which refers to a industry where the capital investment is so large that it is not in society's best interest for there to be one than one supplier. The classic example is the local power industry (...) (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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(...) The changes are outlined here: (URL) the UK we "invest" in roads and "subsidise" the railways. Scott A (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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(...) There was actually a pretty good opinion piece, I think in the NYT (but possibly in Newsweek), that discussed the disconnect between air travel and train service. It laid out the numbers and pointed out that since 1936, the airline industry (...) (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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(...) I believe the author is the late Paula Giese, and she certainly doesn't make any points with me for her patronizing attitude toward schoolteachers as well as for her panning of Lynn Reid Banks' Indian in the Cupboard: (URL) of the issues (...) (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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Consider this page: (URL) author certainly makes a bunch of valid points (although I dunno about the "arrogant and ignorant Brits" being valid or not... :-) )... but consider whether he's likely to make many converts by berating his readership. I (...) (22 years ago, 15-Oct-02, to lugnet.off-topic.debate)
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