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The Unsustainable Costs of Partial Deregulation - Yale Scholarship Online
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The Unsustainable Costs of Partial Deregulation

Paul W. MacAvoy


Three decades ago, federal policymakers—Republicans and Democrats—embarked on a general strategy of deregulation. In the electricity, gas delivery, and telecommunications industries, the strategy called for restructuring to separate production from transmission and distribution, followed by elimination of price controls. The expected results were lower prices and increased quality, reliability, and scope of services. The author of this book, an economist with 40 years of experience in the regulatory field, assesses the results and concludes that deregulation has failed to achieve any of these ... More

Keywords: deregulation, gas delivery, transmission, price controls, profitability

Bibliographic Information

Print publication date: 2007 Print ISBN-13: 9780300121285
Published to Yale Scholarship Online: October 2013 DOI:10.12987/yale/9780300121285.001.0001


Affiliations are at time of print publication.

Paul W. MacAvoy, author