Lessons from the Failure of U.S. Electricity Restructuring

2001-05-01T00:00:00Z (GMT) by Seth B. Blumsack Jay Apt Lester B Lave
Blind faith is unlikely to produce a free market that is competitive. Substituting markets for traditional regulation is only one choice among many policy instruments to achieve a goal of lower prices; such substitution should not be in itself a goal