Based on extensive analysis and deep insider knowledge of the Australian retail energy sector, F.C. Simon builds a powerful and fascinating critique of meta-regulation theory and its practical manifestation. Simon shows how complexity and contested views of compliance and market competition challenge key tenets of meta-regulatory thinking, not least capacities for learning and for responsiveness to reputational risk. Meta-Regulation in Practice will be of considerable interest to scholars, policy makers and managers in the energy sector and beyond.
Michael Power, London School of Economics and Political Science, UK.
Don’t be put off by the title – you don’t need to be a sociologist to enjoy Fiona Simon’s highly engaging, insightful and perceptive account of retail energy regulation in Australia. Meta-Regulation in Practice explores alternative views of what regulation should achieve, and shows how policy evolved in response to the various different pressures. It calls out for an equally stimulating and informed account of UK and other experience, and for the (re)opening of diplomatic relationships between economic and sociological concepts of regulation. This is a superb book and a welcome addition to the literature.
Stephen Littlechild, Emeritus Professor, University of Birmingham, and Fellow, Judge Business School, University of Cambridge UK; former UK electricity regulator (1989-98).
This is a very perceptive book, offering an original perspective on regulation, illustrated with an information-packed analysis of a major regulated market – the retail energy market in Australia.
Martin Cave, Visiting Professor, Imperial College Business School, UK.
Meta-Regulation in Practice is an excellent case study on the attempt to morally and politically steer the Australian retail energy sector. F.C. Simon shows how such regulation efforts may only result in a growing hiatus between the public self-description of an industry and its actual functioning. Its intricate systems-theoretical reflections connect this book with cutting-edge contemporary social theory far beyond its immediate area.
Hans-Georg Moeller, Professor and Subject Convenor, Philosophy and Religious Studies Program, University of Macau, China.
F.C. Simon provides a unique and original perspective on the practice of regulatory organizations and in doing so rejects the enthusiastic claims and uncritical accounts of many academic commentators. She takes as her starting point the contradictions and self-deceptions under which these organizations operate. In the footsteps of Niklas Luhmann, whose systems theory inspired her analysis, she skilfully exposes their taken-for-granted world as an illusion. At the same time she recognizes fully the complexity of the task facing regulation in its attempt to reconcile the demands of politics, law and economics and produce a coherent account of its activities. This is a ground-breaking book which deserves to be widely read.
Michael King, Professor Emeritus, University of Reading, UK.
Your reviewer can do no better than advise the readers of this journal interested in energy regulation or regulation generally to read Simon’s case study. It is amongst the most incisive, sobering and salutary accounts of the actual results of intervention known to your reviewer, who has been reading these things for more than thirty years. Simon’s contribution to the problematisation of the public interest in regulation is important.
David Campbell, Journal of Law and Society.
Meta-Regulation in Practice is a very good book which unusually coherently combines theoretical reflection with a real-world story. It will be of interest to students of regulatory theory and those who are specifically interested in energy regulation.
Cosmo Graham, LSE Review of Books.
It’s unlikely that anyone other than Simon could have written this book…The combination of Simon’s theoretical grounding and deep professional expertise makes this book a rigorous and incisive critique of meta-regulation, while her crisp style and personal insights make it highly readable, including to a non-academic readership.
Kieran Donoghue, Energy Research and Social Science.
This is a fascinating book on a topic of increasing debate and relevance.
Patricia Leighton, Journal of Management and Organization.
This work is timely and fills an important gap in the scholarly literature.
Brooke Lahneman, Journal of Management and Governance.
Simon’s important work has much to tell us about the variety of ways that regulatory instruments can be integrated into a welfare regime under conditions of marketization and how this reshapes the nature and processes of legal and political accountability.
Sangeetha Chandrashekeran, Law and Society Review.
We might expect a text on the regulation of energy retail to be a bit dry, but there is high drama, with characters of varied disposition and clashing ideology; there is good and evil and a confusion of these befitting a good story ― even one that tells the truth.
Jesse Cunningham, Sydney Law Review.
Links to reviews in journals
LSE Review of Books (blog, 12 April 2018)
Energy Research & Social Science (pay wall)
Kieran Donoghue, Book Review: F.C. Simon, Meta-Regulation in Practice – Beyond Normative Views of Morality and Rationality, Routledge, London and New York, 2017. Volume 42, August 2018, Pages 182–183. Received 13 March 2018, Available online 4 April 2018.
https://www.sciencedirect.com/science/article/pii/S2214629618302676
Sydney Law Review (free access)
Cunningham, Jesse — “Meta-Regulation in Practice: Beyond Normative Views of Morality and Rationality” [2017] SydLawRw 25; (2017) 39(4) Sydney Law Review 613
http://www8.austlii.edu.au/cgi-bin/viewdoc/au/journals/SydLawRw//2017/25.html
Journal of Management and Governance (pay wall)
Lahneman, B. J Manag Gov (2018). https://doi.org/10.1007/s10997-018-9402-3
https://link.springer.com/article/10.1007/s10997-018-9402-3
Law & Society Review (free access)
Chandrashekeran, S. (2018), Meta-Regulation in Practice: Beyond Normative Views of Morality and Rationality. By F.C. Simon. London: Routledge, 2017. Law & Society Rev. doi:10.1111/lasr.12320
http://onlinelibrary.wiley.com/doi/10.1111/lasr.12320/full
Journal of Management and Organization (pay wall)
Leighton, P. (2017). Meta-regulation in practice: Beyond the normative views of morality and rationality, Hardback and eBook versions. Edited by F. C. Simon. (231 pp.) ISBN: 978-1-138-23372-0 (hbk), ISBN: 978-1-315-30891-3 (ebk). Abingdon, Oxon: Routledge (2017). Journal of Management & Organization, 23(6), 907-908. doi:10.1017/jmo.2017.61