1.

Record Nr.

UNINA9910812477803321

Autore

Kahn Alfred E (Alfred Edward)

Titolo

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

Pubbl/distr/stampa

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

ISBN

0-8157-9625-0

Edizione

[1st ed.]

Descrizione fisica

1 online resource (101 p.)

Disciplina

384/.041

Soggetti

Aeronautics, Commercial - Deregulation - United States

Airlines - Deregulation - United States

Telecommunication - Deregulation - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

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.

Sommario/riassunto

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.