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I think it's fair to bring the entrepreneurs in along with the pols. Those who chose dereg prices, undoubtedly did so, if not in support of ideology (though that's possible in some cases), surely as a bet on winning out big time -- in other words, they had drunk the Koolaid. Now they whine because markets don't always work as they expected.

Would the pols be hastening to offer them this costly (for EDF) way out if the businessfolk concerned weren't lobbying?

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Aug 31st, 2006 at 10:10:28 AM EST
[ Parent ]
But business is always lobbying. The question is, why do we listen to them so much?

Because they provide jobs? Local taxes?

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Thu Aug 31st, 2006 at 10:32:29 AM EST
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