Cato Institute Writers Lament the Unfortunate Loss of Vertical Integration in Electric Power Industry
Michael Giberson Thursday’s Wall Street Journal carried an essay by the Cato Institute’s Jerry Taylor and Peter Van Doren, “Short-Circuited” (available free via Cato): After a pretty good 30-year run, deregulation is on the political ropes. Although loosening the shackles on banking, trucking, and airlines delivered lower prices, robust competition and political applause, it hasn’t …