Part 1 of 2. Coordination is a central term in economics. And malcoordination is what happened in historic, tragic fashion in the Great Texas Electricity Blackout of 2021, with a death toll nearing 200, damages and uncollectible expenses in excess of one hundred billion dollars, dismissals and resignations of involved regulators and planners, and countless … Continue reading The Great Texas Blackout of 2021: Classical Liberalism and Electricity