Household energy supply and economics
You'd think that after decades of being told we have to switch energy supplier that we in the UK might be better at it.
But no, we aren't. Thus dies the simplistic idea that we can have a free and good market in energy supplies. It turns out that real humans are much more complex and motivated by different things which simply aren't captured in the energy prices that they are charged.
And that large corporations like to fiddle things to suit themselves. Oddly enough that isn't taken into account by market worshippers, although at least more centrist folks agree a regulator is a good idea.
But no, we aren't. Thus dies the simplistic idea that we can have a free and good market in energy supplies. It turns out that real humans are much more complex and motivated by different things which simply aren't captured in the energy prices that they are charged.
And that large corporations like to fiddle things to suit themselves. Oddly enough that isn't taken into account by market worshippers, although at least more centrist folks agree a regulator is a good idea.