Electricity Deregulation

Electricity Deregulation
Author: James M. Griffin
Publisher: University of Chicago Press
Total Pages: 453
Release: 2009-11-15
Genre: Business & Economics
ISBN: 0226308588

The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process—in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.

Communications Deregulation and FCC Reform: Finishing the Job

Communications Deregulation and FCC Reform: Finishing the Job
Author: Jeffrey A. Eisenach
Publisher: Springer Science & Business Media
Total Pages: 238
Release: 2012-12-06
Genre: Business & Economics
ISBN: 1461515211

Communications markets have made much progress towards competition and deregulation in recent years. However, it is increasingly clear, in the age of the Internet and the digital revolution, that much more needs to be done, and that new approaches, both at the Federal Communications Commission and in Congress, will be required to complete the task. In this volume, the Progress and Freedom Foundation presents nine papers by communications policy experts and government policymakers that show how to finish the job of deregulating communications markets and reforming the FCC. The Telecommunications Act of 1996 was a landmark piece of legislation for an industry moving from a monopoly orientation towards competition, but additional steps are needed to complete the process of implementing the pro-competitive, deregulatory vision of the act. Bringing together a group of the caliber represented in this book makes possible the best recommendations about the exact nature of those necessary changes. In this volume, the most difficult and politically-charged hot-button issues involving local and long distance competition, universal service, spectrum allocation, program content regulation, and the public interest doctrine are confronted head-on. As importantly, the authors recommend specific reform proposals to be considered by the Federal Communications Commission and Congress. The ideas contained in the experts' essays were presented and debated at a conference hosted by The Progress & Freedom Foundation, which was held in Washington, DC, on December 8, 2000. The Progress & Freedom Foundation studies the impact of the digital revolution and its implications for public policy. It conducts research in fields such as electronic commerce, telecommunications and the impact of the Internet on government, society and economic growth. It also studies issues such as the need to reform government regulation, especially in technology-intensive fields such as medical innovation, energy and environmental regulation.

Deregulation!

Deregulation!
Author: Janice A. Beecher
Publisher: American Water Works Association
Total Pages: 328
Release: 2000
Genre: Competition
ISBN: 1583210881

The S&L Debacle

The S&L Debacle
Author: Lawrence J. White
Publisher: Oxford University Press, USA
Total Pages: 310
Release: 1991
Genre: Business & Economics
ISBN:

'This is a very insightful book by an author who has that rare blend of analysis that can come only form both an academic and a regulator. Regardless of one's views, this book should be read in order to understand fully the evolving problems in the thrift industry.' -- Henry Kaufman

Ronald Reagan and the Politics of Freedom

Ronald Reagan and the Politics of Freedom
Author: Andrew E. Busch
Publisher: Rowman & Littlefield Publishers
Total Pages: 336
Release: 2001-08-28
Genre: Political Science
ISBN: 1461642167

In Ronald Reagan and the Politics of Freedom, Andrew E. Busch goes beyond economic and foreign policies to examine Reagan's understanding of statesmanship. Busch analyzes Reagan's conscious attempt to strengthen the separation of powers, federalism, and traditional rhetoric, and his efforts to revive the notion of limited government in a Constitutional Republic. In this important new study, Busch concludes that Ronald Reagan's politics of freedom—found in his discourse, policy, and coalition-building—achieved significant successes in the 1980s and beyond.

Why Can't You Afford a Home?

Why Can't You Afford a Home?
Author: Josh Ryan-Collins
Publisher: John Wiley & Sons
Total Pages: 140
Release: 2018-11-26
Genre: Political Science
ISBN: 1509523294

Throughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream. Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle. This engaging and topical book will be essential reading for anyone who wants to understand why they can’t find an affordable home, and what we can do about it.

The Redistributive Effects of Financial Deregulation

The Redistributive Effects of Financial Deregulation
Author: Mr.Anton Korinek
Publisher: International Monetary Fund
Total Pages: 42
Release: 2013-12-17
Genre: Business & Economics
ISBN: 148430795X

Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the distributive implications of financial regulation center stage. We develop a model in which the financial sector benefits from risk-taking by earning greater expected returns. However, risktaking also increases the incidence of large losses that lead to credit crunches and impose negative externalities on the real economy. We describe a Pareto frontier along which different levels of risktaking map into different levels of welfare for the two parties. A regulator has to trade off efficiency in the financial sector, which is aided by deregulation, against efficiency in the real economy, which is aided by tighter regulation and a more stable supply of credit. We also show that financial innovation, asymmetric compensation schemes, concentration in the banking system, and bailout expectations enable or encourage greater risk-taking and allocate greater surplus to the financial sector at the expense of the rest of the economy.

The Economy of Promises

The Economy of Promises
Author: Bruce G. Carruthers
Publisher: Princeton University Press
Total Pages: 408
Release: 2024-08-20
Genre: Business & Economics
ISBN: 069123809X

A comprehensive and illuminating account of the history of credit in America—and how it continues to divide the haves from the have-nots The Economy of Promises is a far-reaching study of credit in nineteenth- and twentieth-century America. Synthesizing and surveying economic and social history, Bruce Carruthers examines how issues of trust stitch together the modern U.S. economy. In the case of credit, that trust involves a commitment by debtors to repay money they have borrowed from lenders. Each promise poses a fundamental question: why does the lender trust the borrower? The book tracks the dramatic shift from personal qualitative judgments to the impersonal quantitative measurements of credit scores and ratings, which make lending on a much greater scale possible. It discusses how lending is shaped by the shadow of failure, and the possibility that borrowers will break their promises and fail to repay their debts. It reveals how credit markets have been shaped by public policy, regulatory changes, and various political factors. And, crucially, it explains how credit interacts with economic inequality, contributing to vast and enduring racial and gender differences—which are only exacerbated by the widespread use of credit scores and ratings for “big data” and algorithmic decision-making. Bringing to life the complicated and abstract terrain of human interaction we call the economy, The Economy of Promises is an important study of the tangle of indebtedness that, for better or worse, shapes and defines American lives.