Quantum Physics and Theology: An Unexpected KinshipThree decades ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation. In the electricity, gas delivery, and telecommunications industries, the strategy called for restructuring to separate production from transmission and distribution, followed by elimination of price controls. The expected results were lower prices and increased quality, reliability, and scope of services. Paul MacAvoy, an economist with forty years of experience in the regulatory field, here assesses the results and concludes that deregulation has failed to achieve any of these goals in any of these industries. MacAvoy shows that we now have only partial deregulation, a mixture of oligopoly structure with direct price control. He explores why this system leads to volatile and high prices, reduced investment, and low profitability, and what policy actions can be implemented to address these problems. |
Other editions - View all
Common terms and phrases
actually adoptionism apophatic theology appearance attained behaviour believe called century character Chris Christ Christian thinking Christological argument Christology Church claim concept contemporary Corinthians cousinly creation creatures critical realism deep discovery divine nature Einstein electron encounter enquiry example experience experimental Exploring Reality fact Father first-century God’s gospels heavenly Hebrew historical Jesus Holy Spirit idea incarnation insight intellectual interaction interpretation involved J. C. Polkinghorne John kind knowledge matter ment models N. T. Wright Newtonian nuclear O’Collins Oxford University Press particle Paul person phenomena physical world physicists picture possible problem profound quantum field theory quantum physics quantum theory quark quest rational recognise regime relation relationship religious resurrection of Jesus role science and theology scientific scientists scriptures seems significance simply story string theory structure superposition principle Testament theme theologians theoretical tian tion trinitarian Trinity truth truth-seeking ture tury unique wave/particle duality waves Word