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Robert E. Litan, 2015, ‘Economists: the Internet economy’, McKinsey Quarterly.
In this article, author looks on one main thing: today's Internet ecomony would not have been possible without the deregulation of transportation between 1970s and 1980s. Robert E. Litan uses bussines information gained from Internet’s well-known players (Amazon and Ebay) to try to indentify what effect did economists have on this transportation deregulation and how did internet auctions become so popular today. His research focuses on the implications of price regulation of transport on the US economy and how a small company named Priceline popularized auctions in this country. The article is useful to my research topic because it containts a lot of helpful information about transport economy. The limitation of the article is that author does not say in detail about effects of transport deregulation in other countries; thus author suggests that there can be other effects depend on country. This is written for people without prior knowledge of this subject and easy to understand. This article represents an important contribution to the field of economy and will figure prominently in my paper.