Frontlines

Fortnightly Magazine - April 1 1995
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.
As a student of utility regulation, you will of course know the difference between the Ninth and the Tenth Amendments. If not, let's reiterate.

The Ninth permits everything that is not prohibited. The Tenth prohibits everything not otherwise permitted. The one governs the People; the other governs the Government. That's all there is. Now imagine standing on both feet behind a podium, in front of a luncheon crowd of about 100 think-tank types, and holding an audience spellbound for over an hour as you expound upon this noble topic. Sound daunting? Not to Daniel Fessler, president of the California Public Utilities Commission (CPUC).

He didn't trip over a single word. You had to be there.

Providing the occasion for Fessler's feat was the Cato Institute, a conservative think tank that put on a conference in Washington, DC, back in early March entitled, "New Horizons in Electric Power Deregulation." The Cato Institute describes itself as a public policy research organization bent on "expanding civil society and minimizing the role of political society." It promotes the "voluntary interaction of individuals and associations." The Wall Street Journal has described Cato as "one of the fastest growing think tanks in Washington." Lately, Cato has published such works as Eco-Scam: The False Prophets of Ecological Apocalypse, Telecommunications: Politics or Markets, Prosperity versus Planning: How Government Stifles Economic Growth, and Grassroots Tyranny: The Limits of Federalism.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.