Posts Tagged ‘natural monopoly’

  • Amazon and Innovation

    Should the US Postal Service Be a Monopoly?

    Nov 14, 13 • 522 Views • No Comments

    The 5-digit zip code is rather amazing. Introduced by the US Postal Service in 1963, it became the key to automation. Whereas a single person could sort, at most, a letter in one second or 3600 an hour, zip codes meant machines could take over. Once we had...  [read more]

  • Renewable energy and conventional energy at odds

    Creative Destruction: Solar Wars

    Sep 25, 13 • 535 Views • No Comments

    Can we compare the original AT&T and the electric power industry? Until 1982, AT&T had a phone system monopoly. Not even imagined, cell phones did not exist. Instead almost everyone received phone service from one company. Called a natural monopoly,...  [read more]

  • 15725_6.26_000008803278XSmall

    Can the Post Office Deliver?

    Jun 26, 10 • 235 Views • No Comments

    Having just read a Washington Post article about the U.S. Postal Service (USPS), I started thinking about its future. But first, its past: While we have had postal services since the 1600s, Ben Franklin transformed the system. Appointed Deputy Postmaster for...  [read more]