After a post-war period with extensive use of public service models and macroeconomically orchestrated planned regimes, the 1980's and early 1990's saw a reversion to a more liberal style of economic regulation in Western Europe. The movement from one type of regulation regime to another illustrates the paradigmatic character or economic organization and, as a result, a thorough investigation of the basic assumptions behind the choice of regulatory direction is required. At this deep level, regulatory issues are beyond a single social science discipline and much of the literature on economic regulation is specialized and too narrow to address the issues involved.

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