Law, politics, and culture evolve with the times. These stories show why.
In 2008, George W. Bush changed bureaucratic rules about the enforcement of the Clean Air Act by the Environmental Protection AgencyControversy over decision revealed power struggle between executi...
In 1978 Congress deregulated the airline industryDeregulation led to more competition, lower fares, business innovationDeregulation also led many airlines to go bankrupt In late 1984, the Civil Aer...
Financial crisis of 2008 began with decline in housing pricesBanks and mortgage brokers offered risky mortgage loans to consumers who could not afford themTrade in mortgage backed securities spread...