Edison to Enron

Edison to Enron

Author: Robert L. Bradley, Jr.

Publisher: John Wiley & Sons

Published: 2011-10-24

Total Pages: 602

ISBN-13: 1118192516

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The oil industry in the United States has been the subject of innumerable histories. But books on the development of the natural gas industry and the electricity industry in the U.S. are scarce. Edison to Enron is a readable flowing history of two of America's largest and most colorful industries. It begins with the story of Samuel Insull, a poor boy from England, who started his career as Thomas Edison's right-hand man, then went on his own and became one of America's top industrialists. But when Insull's General Electric's energy empire collapsed during the Great Depression, the hitherto Great Man was denounced and prosecuted and died a pauper. Against that backdrop, the book introduces Ken Lay, a poor boy from Missouri who began his career as an aide to the head of Humble oil, now part of Exxon Mobil. Lay went on to become a Washington bureaucrat and energy regulator and then became the wunderkind of the natural gas industry in the 1980s with Enron. To connect the lives of these two energy giants, Edison to Enron takes the reader through the flamboyant history of the American energy industry, from Texas wildcatters to the great pipeline builders to the Washington wheeler-dealers. From the Reviews... "This scholarly work fills in much missing history about two of America's most important industries, electricity and natural gas." —Joseph A. Pratt, NEH-Cullen Professor of History and Business, University of Houston "... a remarkable book on the political inner workings of the U.S. energy industry." —Robert Peltier, PE, Editor-in-Chief, POWER Magazine "This is a powerful story, brilliantly told." —Forrest McDonald, Historian


From Edison to Enron

From Edison to Enron

Author: Richard Munson

Publisher: Northeast-Midwest Institute

Published: 2005-09-30

Total Pages: 228

ISBN-13: 9780275987404

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Traces the history of the $210 billion power industry showcasing the key individuals, technological innovations, corporate machinations, and political battles waged over its domination. The author maintains that the technological and regulatory infrastructure have outlived their usefulness and that generators are the nation's largest polluters.


Enron Ascending

Enron Ascending

Author: Robert L. Bradley, Jr.

Publisher: John Wiley & Sons

Published: 2018-03-09

Total Pages: 826

ISBN-13: 1119494206

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A great fall cannot be understood apart from the rise that preceded it. Enron Ascending is the only book to date that examines in detail the first two-thirds of that iconic energy company's life. Thus, it is the only book to date that exposes the deepest causes of Enron's stunning collapse. Nobel economist Paul Krugman predicted that history would look upon Enron's plummet as a greater turning point than the fall of the Twin Towers. Enron Ascending explains the shock of the company's fall by recalling the astounding achievements of Enron’s birth, childhood, adolescence, and early maturity. It sets forth the once-celebrated but now-forgotten industry and innovation that caused the company and its reputation to soar stratospherically. At the same time, always conscious of the company's fate, the book highlights throughout the developing habits of thought and behavior that later evolved into self-destructive acts of desperation and deceit. Written fifteen years after the firm’s demise, Enron Ascending offers the long perspective of a uniquely positioned insider, Robert L. Bradley, Jr., the company's director of public-policy analysis and Chairman Ken Lay's personal speechwriter. The book also offers a library of previously unavailable information, drawn from Bradley’s innumerable corporate documents and unrepeatable interviews, which he collected in his capacity as the company's prospective historian. Most important, however, Enron Ascending offers an antidote to the unending stories, studies, and books about Enron that are presented as just-the-facts but are in reality shaped decisively by the worldview of their authors. Bradley shows, beyond dispute, that the early habits which set precedents for Enron's history-making demise were directly contrary to the free-market behaviors and capitalist attitudes generally blamed for Enron's fall.


The Merchant of Power

The Merchant of Power

Author: John F. Wasik

Publisher: Macmillan + ORM

Published: 2015-06-30

Total Pages: 405

ISBN-13: 1250089123

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A timely rags-to-riches story, The Merchant of Power recounts how Sam Insull--right hand to Thomas Edison--went on to become one of the richest men in the world, pivotal in the birth of General Electric and instrumental in the creation of the modern metropolis with his invention of the power grid, which still fuels major cities today. John Wasik, awarded the National Press Club Award for Consumer Journalism, had unprecedented access to Sam Insull's archives, which include private correspondence with Thomas Edison. The extraordinary fall of a man extraordinary for his time is revealed in this cautionary tale about the excesses of corporate power.


The Law and Economics of Article 102 TFEU

The Law and Economics of Article 102 TFEU

Author: Robert O'Donoghue QC

Publisher: A&C Black

Published: 2014-07-18

Total Pages: 1168

ISBN-13: 1782251413

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The Law and Economics of Article 102 TFEU is a comprehensive, integrated treatment of the legal and economic principles that underpin the application of Article 102 TFEU to the behaviour of dominant firms. Traditional concerns of monopoly behaviour, such as predatory pricing, refusals to deal, excessive pricing, tying and bundling, discount practices and unlawful discrimination are treated in detail through a review of the applicable economic principles, the case law and decisional practice and more recent economic and legal writings. In addition, the major constituent elements of Article 102 TFEU, such as market definition, dominance, effect on trade and applicable remedies are considered at length. Jointly authored by a lawyer and an economist, The Law and Economics of Article 102 TFEU contains an integrated approach to the legal and economic principles that frame policy in this major area of competition law. Although written primarily with practitioners and in-house lawyers in mind, it is essential reading for anyone with an interest in competition law enforcement against monopoly behaviour.


The Law and Economics of Article 102 TFEU

The Law and Economics of Article 102 TFEU

Author: Robert O'Donoghue KC

Publisher: Bloomsbury Publishing

Published: 2020-09-03

Total Pages: 1368

ISBN-13: 1509942971

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“a reference book in this area of EU competition law and a must-have companion for academics, enforcers and practitioners alike, as well as EU and national judges.” Judge Nils Wahl, Court of Justice of the European Union This seminal text offers an authoritative and integrated treatment of the legal and economic principles that underpin the application of Article 102 TFEU to the behaviour of dominant firms. Traditional concerns of monopoly behaviour, such as predatory pricing, refusals to deal, excessive pricing, tying and bundling, discount practices and unlawful discrimination are treated in detail through a review of the applicable economic principles, the case law and decisional practice and more recent economic and legal writings. In addition, the major constituent elements of Article 102 TFEU, such as market definition, dominance, effect on trade and applicable remedies are considered at length. The third edition involves a net addition of over 250 pages, with a substantial new chapter on Abuses In Digital Platforms, an extensively revised chapter on standards, and virtually all chapters incorporating substantial revisions reflecting key cases such as Intel, MEO, Google Android, Google Shopping, AdSense, Qualcomm.


The Power Brokers

The Power Brokers

Author: Jeremiah D. Lambert

Publisher: MIT Press

Published: 2015-08-28

Total Pages: 395

ISBN-13: 0262330997

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How the interplay between government regulation and the private sector has shaped the electric industry, from its nineteenth-century origins to twenty-first-century market restructuring. For more than a century, the interplay between private, investor-owned electric utilities and government regulators has shaped the electric power industry in the United States. Provision of an essential service to largely dependent consumers invited government oversight and ever more sophisticated market intervention. The industry has sought to manage, co-opt, and profit from government regulation. In The Power Brokers, Jeremiah Lambert maps this complex interaction from the late nineteenth century to the present day. Lambert's narrative focuses on seven important industry players: Samuel Insull, the principal industry architect and prime mover; David Lilienthal, chairman of the Tennessee Valley Authority (TVA), who waged a desperate battle for market share; Don Hodel, who presided over the Bonneville Power Administration (BPA) in its failed attempt to launch a multi-plant nuclear power program; Paul Joskow, the MIT economics professor who foresaw a restructured and competitive electric power industry; Enron's Ken Lay, master of political influence and market-rigging; Amory Lovins, a pioneer proponent of sustainable power; and Jim Rogers, head of Duke Energy, a giant coal-fired utility threatened by decarbonization. Lambert tells how Insull built an empire in a regulatory vacuum, and how the government entered the electricity marketplace by making cheap hydropower available through the TVA. He describes the failed overreach of the BPA, the rise of competitive electricity markets, Enron's market manipulation, Lovins's radical vision of a decentralized industry powered by renewables, and Rogers's remarkable effort to influence cap-and-trade legislation. Lambert shows how the power industry has sought to use regulatory change to preserve or secure market dominance and how rogue players have gamed imperfectly restructured electricity markets. Integrating regulation and competition in this industry has proven a difficult experiment.


The Edison Schools

The Edison Schools

Author: Kenneth J. Saltman

Publisher: Routledge

Published: 2005-03-02

Total Pages: 157

ISBN-13: 113593004X

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The story of the Edison Schools is a gripping tale of money, kids, and greed. What began in the 1980s as an enterprise to transform public schools quickly became a troubled business battling falling test scores and dismal stock prices. How did the most ambitious for-profit education company in U.S. history lose respect, money, and credibility in such a short time? Revealing how American McEducation went from glory to crisis, The Edison Schools tracks entrepreneur Christopher Whittle's plan to introduce a standardized nationwide curriculum and cut administrative waste. Education specialist Kenneth J. Saltman finds that the critics' predictions came true in Edison schools across the country: Experienced teachers left in droves, students were virtually given answers to standardized tests to drive up scores, and difficult students were "counselored" out.