Deck:
Give the British credit, but what about us?
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Give the British credit, but what about us?
Fans of Sherlock Holmes fans will recall the story "The Silver Blaze," and the "curious incident" of the dog that did not bark in the night. That story came to mind when I read Carl J. Levesque's excellent article, "On the Origin of the Markets: Electricity Evolution in the U. K." (, July 15, 2001, p. 48).
In the article, the consultants from the U. K. talk about the restructuring as evolutionary, not "in terms of getting it right the first time." Well, yes, the British did not get it right the first time. But the article neglected to mention how getting it wrong can produce disastrous consequences, with the public footing the bill.
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