Taxation by Regulation |
Common terms and phrases
allocation alternative American Telephone AT&T average cost Bell System benefit Bonbright Brookings books Brookings Institution cable companies cable television Coase Commission common carrier regulation Communications Policy Communications Satellite competition Comsat cost of serving decreasing-cost defense demand direct subsidies Economics effective political group efficient example explain Federal Federal Communications Commission Force on Communications franchise higher price important imposed income inefficient infrastructure services internal sub internal subsidies international telegraph service Journal Land Economics lease circuits marginal cost method of public monopolist monopoly profits municipal natural monopoly perhaps President's Task Force price discrimination price equal pricing system profit-maximizing program of internal protection public finance view public utility purpose in fact rail received views record carriers redistribute regu regulated firms regulated industries regulatory agency revenues RICHARD Stigler subscribers TAXATION BY REGULATION tele tion tomers Transportation uniform price University Press unremunerative services utility and common views of regulation Western Union