Deregulated Quotes
On markets left to set their own prices, for better or worse.
These quotes look at deregulation across industries - fuel prices set by oil marketers, banking rules loosened enough that crime sometimes still pays, and power markets opened only halfway. One traces how it played out California's energy crisis.
In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters.
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We have established a new basis in our country in which economic liberalization would continue to flourish alongside democratic forces and deregulated power structure.
Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.
Ale Quotes
So it was flawed in that it didn't require California to have a first claim on the power plants. It deregulated part of the market, but not all of the market.
To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated...
