Rob Bradley is an expert in the history of US energy markets. He explains the role of Sam Insull (co-founder of General Electric) in showing what a free market in electricity would look like, and then criticizes Texas’ ERCOT as a central planning agency.

Mentioned in the Episode and Other Links of Interest:

• The YouTube version of this interview
• Rob Bradley’s website, Master Resource
• Rob’s article on the recent Texas freeze and Paul Krugman
• Rob Bradley’s books Edison to Enron and Capitalism at Work
• Harold Demsetz’s 1968 Journal of Law and Economics article, “Why Regulate Utilities?”
• Robert Bryce’s book Pipe Dreams: Greed, Ego, and the Death of Enron
• Forrest McDonald’s book Insull: The Rise and Fall of a Billionaire Utility Tycoon
• Bob’s article on the Texas freeze
• Bob Murphy Show episode 77, where Rob Bradley explains his education under Rothbard and his contributions to energy economics in the Austrian tradition

​For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on Apple Podcasts, Stitcher, Spotify, and via RSS.