Found on the net:
In a gas discharge, such as a fluorescent lamp, current causes resistance to decrease. This is because as more electrons and ions flow through a particular area, they bump into more atoms, which frees up electrons, creating more charged particles. In this way, current will climb on its own in a gas discharge, as long as there is adequate voltage (and household AC current has a lot of voltage). If the current in a fluorescent light isn't controlled, it can blow out the various electrical components.
A fluorescent lamp's ballast works to control this. The simplest sort of ballast, generally referred to as a magnetic ballast, works something like an inductor. A basic inductor consists of a coil of wire in a circuit, which may be wound around a piece of metal. If you've read How Electromagnets Work, you know that when you send electrical current through a wire, it generates a magnetic field. Positioning the wire in concentric loops amplifies this field.
This sort of field affects not only objects around the loop, but also the loop itself. Increasing the current in the loop increases the magnetic field, which applies a voltage opposite the flow of current in the wire. In short, a coiled length of wire in a circuit (an inductor) opposes change in the current flowing through it (see How Inductors Work for details). The transformer elements in a magnetic ballast use this principle to regulate the current in a fluorescent lamp.
A ballast can only slow down changes in current -- it can't stop them. But the alternating current powering a fluorescent light is constantly reversing itself, so the ballast only has to inhibit increasing current in a particular direction for a short amount of time. Check out this site for more information on this process.
Magnetic ballasts modulate electrical current at a relatively low cycle rate, which can cause a noticeable flicker. Magnetic ballasts may also vibrate at a low frequency. This is the source of the audible humming sound people associate with fluorescent lamps.
Modern ballast designs use advanced electronics to more precisely regulate the current flowing through the electrical circuit. Since they use a higher cycle rate, you don't generally notice a flicker or humming noise coming from an electronic ballast. Different lamps require specialized ballasts designed to maintain the specific voltage and current levels needed for varying tube designs.
Fluorescent lamps come in all shapes and sizes, but they all work on the same basic principle: An electric current stimulates mercury atoms, which causes them to release ultraviolet photons. These photons in turn stimulate a phosphor, which emits visible light photons. At the most basic level, that's all there is to it!
AND another section on a reef site:
All "gas discharge" light sources that I'm aware of require a ballast to run. Just as lead ballast gives stability to a boat, (or a balloon, or a diver), an electrical ballast controls the stable operation of a fluorescent light. Gas discharge lamps are "zero resistance" or "negative resistance" elements. As the gases inside the tube ionize, the resistance of the ionized plasma created inside the tube decreases. This will cause the resistance to approach zero while the current draw approaches infinity (theoretically - obviously, your wall outlet can't really provide infinite current).
No known metal electrode can survive the extreme amount of current that ionized gas can draw, so without a ballast to limit the current supplied, the electrodes at the end of the fluorescent tube would burn up even though the ionized plasma would survive.
