Controlling Power in the Social Economy: The Regulatory Approach

Institutionalizing “the Public Interest” in Public Utility Regulation: Harry M. Trebing and the Second Wave of Reform

“…For many economists, responsibility for the deficiencies and failures of markets in these industries was shifted from the industry to the regulators. Many observers concluded that the commissions simply preserved the status quo by protecting the interests of the dominant, regulated firms (Miller 1985).…”