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Matthew Yglesias, industry influencer, highlights airline deregulation and the legalization of interstate banking as key legacies of Jimmy Carter.
Yglesias argues these policy changes exemplify the Democratic Party’s tradition of challenging entrenched privilege through intelligent reforms that result in broad, positive-sum benefits.
Yglesias has previously discussed structures that shape U.S. markets. He described private equity firms as companies managed by small investor groups. In another article, he noted that U.S. housing market ownership remains fragmented but faces major anticompetitive barriers.