Flunking the Public Utilities
James Q.Public Utilities Wilson and Louise Richardson, in Regulation (Seot./Oct. 1985). American Enternrise Insti-
tute, 1150 17th St. N.W., Washington, D.C. 20036.
Publicly owned utilities are supposed to champion the needs of con- sumers. They should promote energy-saving measures and offer lower rates than their privately owned counterparts.
But they do not, say Wilson and Richardson, both of Harvard's depart- ment of government.
During the 1960s, economies of scale ruled the day in...