Financial Times: Fred Kahn’s First-Class Flight, Thomas Hazlett

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This week’s passing of economist Alfred Kahn, 93, has brought tributes for the Cornell professor’s key role in the 1970s deregulation of US airline fares. That achievement saves Americans a stunning $20bn annually. Yet Kahn’s contributions to electricity regulation and telecommunications policy may even exceed this high-flying success. Thanks to a superb, Pulitzer Prize-winning history of Kahn’s career, Thomas McCraw’s 1984 “Prophets of Regulation,” as well as Kahn’s own two-volume magnum opus, “The Economics of Regulation” (2nd Ed., 1988), and his papers and speeches on a variety of regulatory topics, we have a rich, full-bodied view of the colourful life of a remarkable man. Full article available at ft.com.   http://www.ft.com/cms/s/0/b4478226-146f-11e0-8d8f-00144feabdc0.html.  Also available by [PDF Download] on Prof. Hazlett’s faculty profile.

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