Please Blame The Deregulation and Regulation Fiascos Parte 4

Re: Please Blame The Deregulation and Regulation Fiascos Parte 3

Len Gould said:

It seems to need re-stating. There are many social benefits which cannot be delivered by competitive market systems. I REALLY need to hear Reaganomics / NeoCon proponents agree with that statement before I'll grant they any further time or interest.

José Antonio responded:

Len,

Social benefits that can be delivered by markets.

We need a system that mitigates fuel volatility.To do that the perceptions of the end-customer enter the equation. Marketing is the tool to learn and segment end-customer needs. Central planning and price controls don't work in those situations.

Social benefits that cannot be delivered by markets.

Central planning and price controls are required for T&D and system control.

Regards,

José