Quote:
Originally Posted by Superman
Free Enterprise is the solution. Compare regulated industries like electric power with unregulated industries like telecommunications and insurance. Everybody loves cell phone and insurance companies, but we're all angry with our power company. Right?
My staff economist once said "Each society has had its myths. The ancients had Mount Olympus at the Gods. The middle ages had the Earth-centered universe. And modern society has 'self-regulating markets.'"
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You fundamentally misunderstand economics. Once again, you fail to see the difference between an efficient market (cell phones, insurance) and a monopoly (electic power). Compare apples with apples next time.
And yes, everyone in Illinois hates their power company...so do some in California.
