Effective Regulation of Public Utilities

[T]here has never been an antitrust sinner who did not claim he was serving the public interest.

Phillip Areeda, "Antitrust Laws and Public Utility Regulation," The Bell Journal of Economics and Management Science (Spring 1972)

Monthly Essays: 2008

Low Rates, High Rates, Wrong Rates, Right Rates

The Regulatory Mission: Do We “Balance” Private Interests, or Do We Align Them With the Public Interest?

Regulatory Resources I: Why Do Differentials Exist?

Regulatory Resources II: Do the Differentials Make a Difference?

Essential to Effectiveness: Community Acceptance of Regulation's Mission

"Regulatory Settlements": When Do Private Agreements Serve the Public Interest?

"Politics": The Public and Private Versions

"Politics": How Can Regulators Respond?

Competition "vs." Regulation: Have We Achieved Conversational Clarity? (Part I)

Competition "vs." Regulation: Have We Achieved Conversational Clarity? (Part II)

Legislatures and Commissions: How Well Do They Work Together?

Commissions Are Not Courts; Regulators Are Not Judges