A Free-Market Energy Blog


Posts from December 0

Edison to Enron (Bradley): Some Thoughts

By Lynne Kiesling -- July 25, 2012

Consider the preconceptions that surface in your mind when you read the name “Enron”. Chances are that they are negative, and not particularly nuanced — fraudulent business activity, tarnishing the idea of free markets by trying to manipulate them using the political process, and so on.

If that’s true for you, then you are probably in a pretty similar mental space to mine when I started reading Rob Bradley’s Edison to Enron: Energy Markets and Political Strategies. Rob’s detailed and thoroughly researched book is a well-told analysis of the valuable and interesting regulatory and business history that formed the backdrop of Enron’s spectacular failure.

Samuel Insull, Father of Modern Electricity

The name of the book is somewhat misleading, because the first third of the book focuses not on Thomas Edison but on Samuel Insull.