1935 rural electrification redux: when ASI prices you as "bad math"

krishnan · x · 2026-11-02

Krishnan draws on US rural electrification history: in 1935, utilities saw farms as bad math (three customers per mile of wire) and only 10.9% of farms had power. Farmers took federal loans, formed co-ops, and wired their own lines — over 90% by 1953. His point: ASI will price some of us as bad math too, and he challenges free-market optimists to explain who fixes it.

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