One of Melbourne’s savvier economic and political brains, John Legge, reminds us of what a bad deal our community has got from privatisation. He used the announcement of the introduction of new electricity meters by the Victorian government to make his points. (John Legge, “Smart meters another dumb economic idea”, The Age, April 13, 2010).His arguments relate specifically to electricity generation in Victoria, but actually they apply pretty much across the board concerning privatisation.Electri…
