Abstract:The federal government's role as a direct producer in a non-defense, non-distressed American industry is unique to electric power. This participation arose during the ¢rst three decades of the twentieth century; it was politically controversial then and remains so today. We seek to explain how and why the federal government got into the electric utility business. The convergence of technological, economic, and political forces paved the way for federal participation. The growth of long-distance transmission ne… Show more
“…Similar methods have to some extent been used also in countries such as Germany, Ireland, Sweden and even the US (contributions in Parker, 1998;Hausman and Neufeld, 1999).…”
Section: Public Ownership and Its Objectivesmentioning
“…Similar methods have to some extent been used also in countries such as Germany, Ireland, Sweden and even the US (contributions in Parker, 1998;Hausman and Neufeld, 1999).…”
Section: Public Ownership and Its Objectivesmentioning
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