Central Planning and Traditional Regulation Versus Competitive Markets
There is no formal document or white paper from the government of Ontario actually explaining how the current system is supposed to work. Although the provincial government officially describes the system it has established as a 'hybrid' of planning and market models, debates on the merits of a centrally planned system versus a competitive market approach persist.
Read more about this topic: Ontario Electricity Policy
Famous quotes containing the words central, planning, traditional, regulation, competitive and/or markets:
“When life has been well spent, age is a loss of what it can well spare,—muscular strength, organic instincts, gross bulk, and works that belong to these. But the central wisdom, which was old in infancy, is young in fourscore years, and dropping off obstructions, leaves in happy subjects the mind purified and wise.”
—Ralph Waldo Emerson (1803–1882)
“When we are planning for posterity, we ought to remember that virtue is not hereditary.”
—Thomas Paine (1737–1809)
“The traditional American husband and father had the responsibilities—and the privileges—of playing the role of primary provider. Sharing that role is not easy. To yield exclusive access to the role is to surrender some of the potential for fulfilling the hero fantasy—a fantasy that appeals to us all. The loss is far from trivial.”
—Faye J. Crosby (20th century)
“Nothing can be more real, or concern us more, than our own sentiments of pleasure and uneasiness; and if these be favourable to virtue and unfavourable to vice, no more can be requisite to the regulation of our conduct and behavior.”
—David Hume (1711–1776)
“How deep is our desire to do better than our mothers—to bring daughters into adulthood strong and fierce yet loving and gentle, adventurous and competitive but still nurturing and friendly, sweet yet sharp. We know as working women that we can’t quite have it all, but that hasn’t stopped us from wanting it all for them.”
—Anne Roiphe (20th century)
“When the great markets by the sea shut fast
All that calm Sunday that goes on and on:
When even lovers find their peace at last,
And Earth is but a star, that once had shone.”
—James Elroy Flecker (1884–1919)