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Explore the history of deregulation from the 1970s to the present day, covering key acts and their impacts on various industries. Discover how US price controls, consumer costs, and prescription drug insurance influence longevity. Gain insights into immigrant trends and the shifting demographics in Los Angeles.
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Dean’s Fireside Chat October 16, 2013 Washington, D.C.
History of modern deregulation • Deregulation gained momentum in the 1970s • Brokerage house-securities firms were officially deregulated in 1975 • Railroad Revitalization and Regulatory Reform Act in 1976 • Airline Deregulation Act in 1978 • Trucking in 1980 • Railroad deregulation occurred under the Staggers Act in 1980 • The Garn-St. Germain Depository Institutions Act in 1982 • Bus, freight, aviation, and shipping regulations from 1982-1998 • Telecommunications Act in 1996 • The Gramm-Leach-Bliley Act in 1999
US price controls would cost consumers more than would be saved
But expanding US prescription drug insurance would create more value than cost for US and EU consumers
Miscount rates before and after Optical Scanning with In-precinct Tabulation
Annual Immigrant Arrivals Percentage Change in Net Flow Since 1970
Longer Settled Immigrant Share RisesForeign Born Share of All LA Residents By Length of Time in U.S.