Even CATO libertarians say energy deregulation does not work | 33 comments (32 topical, 1 editorial, 0 hidden)

Well, don't hesitate (4.00 / 2)

to ask any questions, especially if there are things that you're not sure you know. It's hard when you're deep in a topic to remember what's likely to be known or not by non-specialists and thus what would deserve a bit more explanation.

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

by Jerome a Paris (etg@eurotrib.com) on Sun Oct 7th, 2007 at 11:33:52 AM EST
[ Parent ]

Re: Well, don't hesitate (4.00 / 3)

My primary quesiton would be to ask "who benefits ?".

If CATO admit that de-regulation and unbundling does not benefit the consumer in the probable future market, who is driving this ? Or is this simple ideological intertia incapable, Brooks-style, of understanding that not all free market solutions are inherently good ?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sun Oct 7th, 2007 at 01:30:01 PM EST
[ Parent ]

Who benefits (4.00 / 5)

I've said it before - liberalisation is a jobs programme for investment bankers and rightwing politicians/pundits.

Yes it's ideological, but yes there is a constituency - the traders, the providers of hedging instruments, the M&A bankers and the strategy consultants that can offer plans to conquer other markets by purchase or by other means.

And the Brits trying to break EDF or E.On.

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

by Jerome a Paris (etg@eurotrib.com) on Sun Oct 7th, 2007 at 04:25:33 PM EST
[ Parent ]

Re: Who benefits (4.00 / 3)

I think answering the 'Who benefits?' question has the power to make some of the biggest changes to these narratives.

They're only convincing for as long as they can appear to be value neutral. Once they're understood to be inherently biased and partial, they lose a lot of their persuasive power.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sun Oct 7th, 2007 at 07:47:27 PM EST
[ Parent ]

Re: Who benefits (4.00 / 3)

Totally agree.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 8th, 2007 at 05:08:19 AM EST
[ Parent ]

Even CATO libertarians say energy deregulation does not work | 33 comments (32 topical, 1 editorial, 0 hidden)

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