Robert W. Crandall is a senior fellow in the Economic Studies program at the Brookings Institution, where his research has focused on telecommunications and cable television regulation, industrial organization and policy, and the changing regional structure of the U.S. economy. His previous books include Broadband: Should We Regulate Internet Access? (Brookings, 2002), Telecommunications Liberalization on Two Sides of the Atlantic (Brookings, 2001) and Who Pays for Universal Service? (Brookings, 2000). Harold Furchtgott-Roth is chief economist for the House Commerce Committte and coauthor of International Trade in Computer Software (Greenwood, 1993) and Economics of a Distaster (Greenwood, 1995). He completed most of the work on this book while a senior economist at Economists Inc.