Democracy and Regulation

The authors (an economist-reporter, a lawyer, and a regulator) have a wealth of experience in utility regulation, and it is evident on every page. The recent electricity crisis in California (and Enron’s participation) receives considerable attention. Throughout the book the democratic process receives most of the credit or blame. The authors’ detailed description of the US utility regulatory system will be especially useful to those new to the topic.

Greg Palast has provided expert advice on regulation to government, labor, consumer and industry organisations in eight nations for over twenty-five years. He won the 1997 Financial Times David Thomas Prize for business journalism. His book of journalism for Pluto Press, The Best Democracy Money Can Buy, was published in April 2002 and has sold over 70,000 copies worldwide. Jerrold Oppenheim has lectured and published widely in the US and internationally on public utility and consumer law topics. Theo MacGregor was until 1998, director of the Electric Power Division of the Massachusetts Department of Telecommunications and Energy 9DTE), the state’s utility regulator and now runs MacGregor Energy Consultancy.

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