To Regulate or Not to Regulate?
Walter J. Wills
No 284480, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
There.is a growing clamor: for railroad deregulation. The arguments suggest competition will work, regulation is costly and a failure. Only the naive could believe two or three firms provide effective competition. Vested interests have kept regulations from working. Such political and economic power would keep competition from working. Heavy dependence on legalism keeps the transportation system from being effective.
Keywords: Public; Economics (search for similar items in EconPapers)
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