Electric Utility Deregulation (Two Front-page Dreams)
DOI:
https://doi.org/10.13052/dgaej2156-3306.1548Abstract
“If you don’t have a dream, how’re you gonna make that dream
come true” crooned an old Rodgers and Hammerstein musical number.
“Talkie, talkie, talk...” was the chorus.
This describes, precisely, Washington’s approach to electric deregu-
lation. If there is a dream, however, Washington does not appear to be
where the dream is being dreamt.
Some months ago, on the same day, two stories appeared on the
front pages of both The Wall Street Journal and The Washington Post (an
ominous sign for any industry) that tells it all:

