Please Blame the Deregulation and Regulation Fiascos Parte 31

Steve Rozenman is not convinced, but it seems he will never be convinced like Prof. Banks.

I have been following the exchange between Dick Mclay and Jose Antonio
Vanderhorst-Silverio and sensed a religious-like fervor and faith in what is
still basically a concept. This comment should not be taken as criticism, but
rather as a way of calling for a back step unto reality. The premise here is
that the common consumer is just waiting to be provided with all the information
and proper metering so he can engage in the retail business of electricity. In
my opinion, Hogan’s model is based on the real life fact that the consumer is
hardly interested in such business. Is it probable that the business of
electricity ranges between a regulated utility and wholesale trade, not beyond
that? . If this is correct, than Deregulation has to be examined and adapted for
such a constellation.