One of the cornerstones of Western capitalism is the concept of the free market. As any who has tried to purchase cold medicine can attest, the choices available for certain products are seemingly limitless.
Yet one of the ironies of our system is that certain areas of the economy and society fall short of the free market premise. Take education, for example. Families lacking the necessary finances are essentially forced to send their children to certain school systems.
Then there’s the energy market. Despite the mass deregulation that occurred in the 80s – particularly in the energy sector – many localized markets are still dominated by a singular provider. As advocates of deregulation note, the principles of free market economics – more customer choice, greater competition, and a more affordable product – apply to this sector just as it would any other service-based industry.
As the summer approaches, and the threat of higher prices loom, the need for greater competition – and greater energy choice – will only intensify.


