Too cheap to meter
   HOME

TheInfoList



OR:

Too cheap to meter refers to a
commodity In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a co ...
so inexpensive that it is cheaper and less bureaucratic to simply provide it for a flat fee or even free and make a
profit Profit may refer to: Business and law * Profit (accounting), the difference between the purchase price and the costs of bringing to market * Profit (economics), normal profit and economic profit * Profit (real property), a nonpossessory inter ...
from associated services. Originally applied to
nuclear power Nuclear power is the use of nuclear reactions to produce electricity. Nuclear power can be obtained from nuclear fission, nuclear decay and nuclear fusion reactions. Presently, the vast majority of electricity from nuclear power is produced b ...
, the phrase is also used for services that can be provided at such low cost that the additional cost of itemized billing would outweigh the benefits.


Origins

The phrase was coined by
Lewis Strauss Lewis Lichtenstein Strauss ( "straws"; January 31, 1896January 21, 1974) was an American businessman, philanthropist, and naval officer who served two terms on the U.S. Atomic Energy Commission (AEC), the second as its chairman. He was a major ...
, then chairman of the
United States Atomic Energy Commission The United States Atomic Energy Commission (AEC) was an agency of the United States government established after World War II by U.S. Congress to foster and control the peacetime development of atomic science and technology. President ...
, who, in a 1954 speech to the
National Association of Science Writers The National Association of Science Writers (NASW) was created in 1934 by a dozen science journalists and reporters in New York City.
, said:
It is not too much to expect that our children will enjoy in their homes electrical energy too cheap to meter, will know of great periodic regional famines in the world only as matters of history, will travel effortlessly over the seas and under them and through the air with a minimum of danger and at great speeds, and will experience a lifespan far longer than ours, as disease yields and man comes to understand what causes him to age.
It was this statement that caught the eye of most reviewers and was the headline in a ''
New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' article covering the speech, subtitled "It will be too cheap for our children to meter, Strauss tells science writers." Only a few days later, Strauss was a guest on ''
Meet the Press ''Meet the Press'' is a weekly American television Sunday morning talk shows, news/interview program broadcast on NBC. It is the List of longest-running television shows by category, longest-running program on American television, though the curr ...
''. When the reporters asked him about the quotation and the viability of "commercial power from atomic piles," Strauss replied that he expected his children and grandchildren would have power "too cheap to be metered, just as we have water today that's too cheap to be metered." The statement was contentious from the start. The U.S. Atomic Energy Commission itself, in testimony to the U.S. Congress only months before, lowered the expectations for fission power, projecting only that the costs of reactors could be brought down to about the same as those for conventional sources. A later survey found dozens of statements from the period that suggested it was widely believed that nuclear energy would be more expensive than coal, at least in the foreseeable future. James Ramey, who would later become the AEC Commissioner, noted: "Nobody took Strauss' statement very seriously." The phrase has also been attributed to Walter Marshall, a pioneer of
nuclear power Nuclear power is the use of nuclear reactions to produce electricity. Nuclear power can be obtained from nuclear fission, nuclear decay and nuclear fusion reactions. Presently, the vast majority of electricity from nuclear power is produced b ...
in the United Kingdom. There is no documentary evidence that he invented or used the term.


Fusion or fission?

Strauss's prediction did not come true, and over time it became a target of those pointing to the industry's record of overpromising and underdelivering. In 1980, the
Atomic Industrial Forum The Atomic Industrial Forum (AIF) was an industrial policy organization for the commercial development of nuclear power and energy. History 1950s The Atomic Industrial Forum history dates to Autumn 1952, when it was being first organized: In re ...
wrote an article quoting his son, Lewis H. Strauss, claiming that he was talking about not
nuclear fission Nuclear fission is a reaction in which the nucleus of an atom splits into two or more smaller nuclei. The fission process often produces gamma photons, and releases a very large amount of energy even by the energetic standards of radio ...
but
nuclear fusion Nuclear fusion is a reaction in which two or more atomic nuclei are combined to form one or more different atomic nuclei and subatomic particles ( neutrons or protons). The difference in mass between the reactants and products is manife ...
. He claimed his father was not specific about this in the speech because the AEC's Project Sherwood was still classified at the time, so he was not allowed to refer to this work directly. Since that time, this claim has been widely repeated, including in 2003 comments by Donald Hintz, chairman of the
Nuclear Energy Institute The Nuclear Energy Institute (NEI) is a nuclear industry trade association in the United States, based in Washington, D.C. Synopsis According to its website, the NEI "develops policy on key legislative and regulatory issues affecting the in ...
. To support that argument, Strauss and biographer Pfau point to this statement: "industry would have electrical power from atomic furnaces in five to fifteen years." It was claimed that the timeline implies that Strauss was referring to fusion, not fission. Although it is not a direct quote, this version of the statement appeared in the ''
New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' overview of the speech the next day. The statement in question is originally:
Dr. Lawrence Hafstad, whom all of you surely know, happens to be speaking, today, in Brussels before the Congress of Industrial Chemistry. He heads the Reactor Development Division of the Atomic Energy Commission. Therefore, he expects to be asked, "How soon will you have industrial atomic electric power in the United States?" His answer is "from 5 to 15 years depending on the vigor of the development effort."
Hafstad was in charge of the development of fission reactors by the AEC and this statement immediately precedes the "too cheap to meter" statement. The same is true of his statements on ''Meet the Press'', which in direct reply to a question about fission. The speech as a whole contains large sections about the development of fission power and the difficulties that the Commission was having communicating this fact. He wryly notes receiving letters addressed to the "Atomic Bomb Commission" and then quotes a study that demonstrates the public is largely ignorant of the development of atomic power. He goes on to briefly recount the development of fission, noting a letter from
Leo Szilard Leo Szilard (; hu, Szilárd Leó, pronounced ; born Leó Spitz; February 11, 1898 – May 30, 1964) was a Hungarian-German-American physicist and inventor. He conceived the nuclear chain reaction in 1933, patented the idea of a nuclear ...
of sixteen years earlier where he speaks of the possibility of a
chain reaction A chain reaction is a sequence of reactions where a reactive product or by-product causes additional reactions to take place. In a chain reaction, positive feedback leads to a self-amplifying chain of events. Chain reactions are one way that sys ...
. A later examination of the topic concluded: "there is no evidence in Strauss's papers at the Herbert Hoover Presidential Library to indicate fusion was the hidden subject of his speech." Strauss viewed hydrogen fusion as the ultimate power source and was eager to develop the technology as quickly as possible and urged the Project Sherwood researchers to make rapid progress, even suggesting a million-dollar prize to the individual or team that succeeded first. However Strauss was not optimistic about the rapid commercialization of fusion power. In August 1955 after fusion research was made public, he cautioned that "there has been nothing in the nature of breakthroughs that would warrant anyone assuming that this usion powerwas anything except a very long range—and I would accent the word 'very'—prospect."


Other uses

The phrase became famous enough that it has been used in other contexts, especially in post-scarcity discussions. For instance, landline (and cable)
internet bandwidth In computing, bandwidth is the maximum rate of data transfer across a given path. Bandwidth may be characterized as network bandwidth, data bandwidth, or digital bandwidth. This definition of ''bandwidth'' is in contrast to the field of signal p ...
is now often billed on a flat monthly fee with no usage limits, and it is predicted that the introduction of 5G will do the same for mobile data, making it "too cheap to meter." The same has been said for technology as a whole.


See also

* Cornucopian *
Free public transport Free public transport, often called fare-free public transit or zero-fare public transport, refers to public transport funded in full by means other than by collecting fares from passengers. It may be funded by national, regional or local gover ...


References


Sources

* * * *


External links

* Steve Cohn (1997)
Too cheap to meter: an economic and philosophical analysis of the nuclear dream
{{DEFAULTSORT:Too cheap to meter English-language idioms Nuclear power Commodities