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Deregulation | Join the Discussion | Print | PDF | ![]() |
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Up for Debate: Deregulation American deregulation was born in 1977, when economist Alfred Kahn, head of the Civil Aeronautics Board, began rewriting the airline industry's rules. Deregulation was an entirely new event -- an earthquake in the relationship between government and industry, which had until then been cozy and predictable. Since then, a wave of deregulation has swept over many other key industries, including trucking and telecommunications, and has completely changed the stakes of management decisions, and transformed, for better or worse, the customer experience. Although change has played out differently in each industry, the core premise remains the same: Markets do a better job than administrative commissions in determining prices and conditions of service. |
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Participants |
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Stephen Breyer |
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Alfred Kahn |
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Judith Hamill |
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Deregulation | Join the Discussion | Print | PDF | ![]() |
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