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Government Failure versus Market Failure
When should government intervene in market activity and when is it best to let market forces take their natural course? How does the existing empirical evidence about government …
Autonomous Vehicles
Better public policies can make the road smoother for self-driving vehicles and the society that soon will depend on them.Whether you find the idea of autonomous vehicles to be …
Deregulation of Network Industries
Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same …
Alternate Route
Urban transportation problems abound across America, including jammed highways during rush-hours, deteriorating bus service, and strong pressures to build new rail systems. Most …
Trouble at the Bar
Deregulating the legal profession will benefit society by improving access to legal services and the efficacy of public policies.Lawyers dominate a judicial system that has come …
Government Failure versus Market Failure
A Brookings Institution Press and American Enterprise Institute publicationWhen should government intervene in market activity and when is it best to let market forces take their …
Alternate Route
Urban transportation problems abound across America, including jammed highways during rush-hours, deteriorating bus service, and strong pressures to build new rail systems. Most …
The Evolution of the Airline Industry
"Since the enactment of the Airline Deregulation Act in 1978, questions that had been at the heart of the ongoing debate about the industry for eighty years gained a new intensity: …
Aviation Infrastructure Performance
Aviation performance is an important cog in modern globalized economies, which demand flexibility, mobility, efficiency, and dependability. Airport delays have gone from being a …
Economic Effects of Airline Deregulation
In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and …