Why a Natural Monopoly is Good for Peak Power and the Super Flush

At the end of the last episode of M*A*S*H, during I Love Lucy commercials, after a popular BBC soap, we need a natural monopoly to satisfy peak demand.

Should the US Postal Service Be a Monopoly?

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…

Creative Destruction: Solar Wars

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, AT&T…

Can the Post Office Deliver?

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…