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Faculty Mentors

Steve Payne

Abstract

Deregulating the natural gas industry in Georgia and elsewhere has resulted in a "mixed bag" of beneficial and non-beneficial outcomes for industry stakeholders. The approach to deregulation has been varied and multifaceted; however, achieving the best overall outcome for the greatest number of stakeholders should not be the sole major objective. The American philosopher and psychologist William James argued best against the concept that the means in accomplishing an objective are more important than the end: "millions kept permanently happy" even though one single soul is left to "lead a life of lonely torture" is neither justified nor desirable (qtd. in Marcus 163).

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