Lessons from deregulation : telecommunications and airlines after the crunch / Alfred E. Kahn.

Format:

Book

Author/Creator:

Kahn, Alfred E. (Alfred Edward)

Language:

English

Subjects (All):

Aeronautics, Commercial--Deregulation--United States.

Aeronautics, Commercial.

Airlines--Deregulation--United States.

Airlines.

Telecommunication--Deregulation--United States.

Telecommunication.

Physical Description:

1 online resource (101 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : AEI-Brookings Joint Center for Regulatory Studies : [Distributed by] Brookings Institution Press, c2004.

Language Note:

English

Summary:

A Brookings Institution Press and American Enterprise Institute publication Over the last several years, the value of stocks in both the airline and the telecommunications industries have dropped catastrophically. Since these industries were among the most important--and most visible--to have been unleashed from regulation in recent decades (albeit in widely differing degree), their difficulties have raised the question of whether their deregulation should be reconsidered or even reversed. Alfred E. Kahn, one of the foremost authorities on deregulation, argues in this book that every passing year demonstrates the superiority of the road chosen for the airlines. He contrasts the financial meltdowns of both the airline and telecommunications industries with others taking place at the same time, particularly in technology-related stocks and "dot.coms," pointing out that these sectors were also relatively free of direct economic regulation. Their experience provides a useful counter to the natural tendency to blame all the woes of aviation and telecommunications on government policy. This book provides a valuable and accessible guide to unraveling the complex world of network deregulation. It will serve as a reference point for practioners and policymakers, as well as an important introduction for the general public.

Contents:

Front Cover

Title Page

Copyright Information

Table of Contents

Foreword

Acknowledgments

Introduction

The Airlines: "Normal" Recession plus 9/11 and Iraq

Telecommunications: Tangled Wires and Deregulatory Remedies

Conclusion

Notes

Index

Back Cover.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

ISBN:

9780815796251

0815796250

OCLC:

614584771