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This book focuses on the important and increasingly controversial issues of utility regulation by combining a sophisticated understanding of these issues with a rigorous examination of various regulatory arrangements across the American states. It draws on interviews with participants in twelve states: public utility commissioners, commission staff members, utility company executives, governmental consumer advocates, and citizen activists. In addition to offering an up-to-date, comprehensive survey of regulatory politics at the state level, Gormley makes specific proposals for regulatory reform and emphasizes the importance (and difficulty) of assuring both expertise and accountability. Students of politics and public policy will find the state-level approach useful in examining the strategies of the "New Federalism" that transfer more and more formerly federal responsibilities to the states.
Despite recent corporate scandals, the United States is among the world’s least corrupt nations. But in the nineteenth century, the degree of fraud and corruption in America approached that of today’s most corrupt developing nations, as municipal governments and robber barons alike found new ways to steal from taxpayers and swindle investors. In Corruption and Reform, contributors explore this shadowy period of United States history in search of better methods to fight corruption worldwide today. Contributors to this volume address the measurement and consequences of fraud and corruption and the forces that ultimately led to their decline within the United States. They show that various approaches to reducing corruption have met with success, such as deregulation, particularly “free banking,” in the 1830s. In the 1930s, corruption was kept in check when new federal bureaucracies replaced local administrations in doling out relief. Another deterrent to corruption was the independent press, which kept a watchful eye over government and business. These and other facets of American history analyzed in this volume make it indispensable as background for anyone interested in corruption today.
The near-unanimous consensus among climate scientists is that the massive burning of gas, oil, and coal is having cataclysmic impacts on our atmosphere and climate. These climate and environmental impacts are particularly magnified and debilitating for low-income communities and communities of color. Energy democracy tenders a response and joins the environmental and climate movement with broader movements for social and economic change in this country and around the world. Energy Democracy brings together racial, cultural, and generational perspectives to show what an alternative, democratized energy future can look like. The book will inspire others to take up the struggle to build the energy democracy movement.
David B. Smith This is a book about the application of economic theory to a unique form of social control - public utility regulation. A central theme of this work is to examine the role that economics has played in shaping the rationale and direction of regulatory practices. While economic theory has played an important role in the shaping of regulatory policy in the past, it has an even greater potential role to play in the future as the regulatory community grapples with the many challenges of a changing economic environment. This is a very timely and much needed piece of work that can serve as a reference for decision makers who are facing the challeng ing problems of deregulation and competition. This work is comprised of 13 selected articles that guide the reader from an initial discussion of why we decided to regulate certain industries in the first place to a specific analysis of what role economic theory has played in the electric, natural gas, telecommunications, and water indus tries, and whether it should be allowed to play an even more dominant role in the future. The reader is then provided with a more modern version of what economists mean by the concept of natural monopoly and a menu of policy options that will allow society to derive any benefits from such a market structure.
This volume explores how Texas's groundbreaking program of electricity restructuring has become a model for truly competitive energy markets in the United States. The authors contend that restructuring in Texas has been successful because the industry is free from federal over...
DIVExamines who influences how federal, state, and local bureaucrats allocate their efforts /div