“Are RTOs central planning entities subject to the Mises/Hayek/Lavoie critique of access, pricing, and service quality? Is the ‘knowledge problem’ and ‘fatal conceit’ a defining issue for RTOs/ISOs compared to a private sector, unregulated approach to power coordination?” “Vernon Smith: I don’t know” It is a strange world in which a classical liberal espousing F. … Continue reading Are Electricity ISOs/RTOs Government Central Planning?