Telecommunications technology has been rapidly changingsince the breakup of AT&T in 1984, producing productsand services unforeseen by the courts. One of the majoradvances has been the convergence of voice, video anddata services across all types of telecommunications media. The regulation of telecommunications has not kept pacewith the technological changes, resulting in regulatoryinconsistency between various products and service providers.
Higher Education Subsidization: Why and How Should We Subsidize Higher Education?
We provide massive college subsidies at both the federal and state level. This paper explores the justifications for these college subsidies, subsidy design considerations, and evaluates the main subsidy programs to assess whether they are well-designed. Our evaluation discovers reasons to eliminate some subsidies and ways to improve other subsidies. Key points: Subsidies for higher...