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Investor-Owned Utilities’ Excess Rates of Return with Mark Ellis
Episode 77
Published 1 year, 2 months ago
Description
Mark Ellis, an American Economic Liberties Project Senior Fellow, discusses his recent paper “Rate of Return Equals Cost of Capital.” In this episode of Second Request, he examines how and why investor-owned utility profit models diverted from their initial design, as well as how much excess returns cost American households.