|
|
Article: Public Policy Toward Cable Television: The Economics of Rate Controls.(Review)
- Article from:
- Federal Communications Law Journal
- Article date:
- March 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 Federal Communications Law Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Public Policy Toward Cable Television: The Economics of Rate Controls , by Thomas W. Hazlett and Matthew L. Spitzer, The MIT Press and The AEI Press, 1997, 253 pages.
To paraphrase William Shakespeare: to regulate or not to regulate, that is the question. Legislators, regulators, economists, and policy analysts have struggled with that question in connection with cable television rates for some time. The struggle is demonstrated by the pendulum swings from no regulation, to local regulation, to deregulation, to reregulation, and--as of March 31, 1999(1)--back toward deregulation. Why the regulatory indecision? At least two factors contribute to a possible answer. ...