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It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example har… - Alan Greenspan
" "It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s:...
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About Alan Greenspan
Alan Greenspan (born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position.
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The big three television companies (CBS, ABC, and NBC) measured their audiences in tens of millions: when CBS broadcast the episode of I Love Lucy in which Lucy had a baby to coincide with the actress who played Lucy, Lucille Ball, also having a baby, on January 19, 1953, 68.8 percent of the country’s television sets were tuned in, a far higher proportion than were tuned in to Dwight Eisenhower’s inauguration the following day.
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