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What the poor owe the rich

Article Abstract:

The notion that technology is biased against the poor is erroneous. Although it is obvious that only the rich own costly innovative gadgets, the benefits of technology also serve the marginalized. The rich people are the driving forces behind favorable changes in the society that expedite the passage to market of modern products and services that otherwise would be delayed for years. The industrial revolution affects all people, whether rich or poor, in the long run.

Author: Smith, Fred L., Jr.
Publisher: Cato Institute
Publication Name: Regulation
Subject: Law
ISSN: 0147-0590
Year: 1998
Social aspects, Analysis, Column, Poor, Technology, Rich, Rich people, Social classes, Social class

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Electricity markets: should the rest of the world adopt the United Kingdom's reforms?

Article Abstract:

The UK government is planning to further reform its electricity privatisation programme by introducing the 'New Electricity Trading Arrangements in autumn 2000, which they hope will reduce costs and allow the public to purchase electricity from the producers.

Author: Wolfram, Catherine D.
Publisher: Cato Institute
Publication Name: Regulation
Subject: Law
ISSN: 0147-0590
Year: 1999
United Kingdom, Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services, Laws, regulations and rules, Energy policy, Privatization, Privatization (Business)

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