Northeast Utilities Company adopted an ambitious new competitive strategy in the mid-1980s, seeking to become the low-cost supplier in New England electric power markets bracing for deregulation. Given its high-cost nuclear facilities, doing so required a corporate turnaround. For a decade...

Three decades ago, federal policymakers-Republicans and Democrats-embarked on a general strategy of deregulation. In the electricity, gas delivery, and telecommunications industries, the strategy called for restructuring to separate production from transmission and distribution, followed by...

Over the past six decades federal regulatory agencies have attempted different strategies to regulate the natural gas industry in the United States. All have been unsuccessful, resulting in nationwide gas shortages or massive gas surpluses and costing the nation scores of billions of dollars. In...

One The Control and Performance of State-Owned Enterprises -- Comments -- Two The Performance and Management of United States Federal Government Corporations -- Comments -- Three Privatization at the State and Local Level -- Comments -- Four Privatization in Britain -- Comments -- A Narrative:...

One The Metals Price Collapse of the Early 1980s -- What are Prices? -- Specifying Price Determinants in an Equilibration Process -- Disequilibrium Price Behavior -- Two Explanatory Price Equations -- The Price Level Equation -- Demand Contraction -- Exchange Rates and Inventories -- Supply...