Beginning with railroad regulation in 1887 and continuing for eight
decades, the U.S. Federal Government expanded its regulatory scope
to cover key transportation, telecommunications and energy sectors.
In the last quarter of the 20th century this long-term trend was
abruptly and dramatically reversed as important sectors of the U.S.
economy were deregulated. This Research Review introduces the
causes and effects of this process, and the political and economic
forces behind the elimination of regulatory authority.
General
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