Robert W. Crandall writes,

the deregulatory movement has led to a modest amount of progress in reining in some of these programs in the United States. Unfortunately, much remains to be done in freeing water, spectrum, and land from inefficient government controls.

An excerpt does not do justice to this fascinating survey paper. I was pointed to it by Tyler Cowen in his list of hot recent papers in industrial organization.

For Discussion. Which industries offer the largest potential for welfare gains from deregulation?