SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-24 months agoHow do Texas residents afford electricity during high-demand?message-squaremessage-square136fedilinkarrow-up1273arrow-down110file-text
arrow-up1263arrow-down1message-squareHow do Texas residents afford electricity during high-demand?SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-24 months agomessage-square136fedilinkfile-text
Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example
minus-squaretrolololol@lemmy.worldlinkfedilinkarrow-up2arrow-down13·4 months agoOh right I see here the old fallacy that economic agents have a full thorough understanding of all the choices and make fully rational decisions based on all the facts that exist, because why would you have facts not accessible to everyone?
minus-squarerekorse@lemmy.worldlinkfedilinkarrow-up7·4 months agoIf you have a point to make, say it.
minus-squaretrolololol@lemmy.worldlinkfedilinkarrow-up3·4 months agoFree market is a lie Economics is not a science Let the down votes come
Oh right I see here the old fallacy that economic agents have a full thorough understanding of all the choices and make fully rational decisions based on all the facts that exist, because why would you have facts not accessible to everyone?
If you have a point to make, say it.
Free market is a lie
Economics is not a science
Let the down votes come
Umm, what?
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