The Fall of the Bell System
A Study in Prices and Politics
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Fall of the Bell System by Peter Temin
Book DescriptionAT&T's divestiture was the largest corporate reorganization in history and has had international repercussions. It was a major development in American economic policy, and a prominent part of the deregulation movement of the late 1970s. This study reveals the internal decision-making process at AT&T and explains how private and public interests combined to shape corporate and public policy in late 20th-century America. Temin weaves the strands of politics, economics, business, and law into an accessible narrative history that will be of interest to the general reader who wants to know about government business interaction and how it affects American citizens. Temin portrays divestiture as a great experiment in public policy, competition, openness, and international policy. He concludes that the experiment has been a mix of deliberate design and uncontrollable forces whose outcome was not foreseen.
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Book DetailsISBN: 9780521389297
(228mm x 152mm x 23mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 28-Jul-1989
Country of Publication: United Kingdom
Books By Author Peter Temin
Prometheus Shackled, Hardback (February 2013)
Using new archival data from goldsmith banks, Temin and Voth document how government regulation and wartime financing stifled the growth of private credit markets during the Industrial Revolution. They show how, after a turbulent start, banks adapted and found a way to grow, but how the economy at large lost out.
Roman Market Economy, Hardback (January 2013)» View all books by Peter Temin
The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. This title uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity.
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