Airline Deregulation and Laissez-Faire Mythology

Author:   Paul S. Dempsey ,  Andrew R. Goetz
Publisher:   Bloomsbury Publishing Plc
ISBN:  

9780899306933


Pages:   392
Publication Date:   08 September 1992
Recommended Age:   From 7 to 17 years
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Airline Deregulation and Laissez-Faire Mythology


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Overview

Airline deregulation is a failure, conclude Professors Dempsey and Goetz. They assault the conventional wisdom in this provocative book, finding that the Airline Deregulation Act of 1978, championed by a profound political movement which also advocated the deregulation of the bus, trucking, rail, and pipeline industries, failed to achieve the promises of its proponents. Only now is the full impact of deregulation being felt. Airline deregulation has resulted in unprecedented industry concentration, miserable service, a deterioration in labor-management relations, a narrower margin of safety, and higher prices for the consumer. This comprehensive book begins by exploring the strategy, tactics, and egos of the major airline robber barons, including Frank Lorenzo and Carl Icahn. In separate chapters, the strengths, weaknesses, and corporate cultures of each of the major airlines are evaluated. Part Two assesses the political, economic, and social justifications for New Deal regulation of aviation, and its deregulation in the late 1970s. Part Three then addresses the major consequences of deregulation in chapters on concentration, pricing, service, and safety, and Part Four advances a legislative agenda for solving the problems that have emerged. Professors Dempsey and Goetz advocate a middle course of responsible government supervision between the dead hand of regulation of the 1930s and the contemporary evil of market Darwinism. The book will be of particular interest to airline and airport industry executives, government officials, and students and scholars in public policy, economics, business, political science, and transportation.

Full Product Details

Author:   Paul S. Dempsey ,  Andrew R. Goetz
Publisher:   Bloomsbury Publishing Plc
Imprint:   Praeger Publishers Inc
Dimensions:   Width: 15.20cm , Height: 2.50cm , Length: 22.90cm
Weight:   0.744kg
ISBN:  

9780899306933


ISBN 10:   0899306934
Pages:   392
Publication Date:   08 September 1992
Recommended Age:   From 7 to 17 years
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

An Introduction to the Deregulated Airline Industry Introduction Corporate Pirates and Robber Barons in the Cockpit The Megacarriers American Airlines Continental Airlines Delta Airlines Eastern Airlines Northwest Airlines Pan American Airlines Trans World Airlines United Air Lines USAir Regulation and Deregulation: The Metamorphosis in American Public Policy Origins of Regulation: The Legislative History of the Civil Aeronautics Act of 1938 The Traditional Regulatory Criteria Cab Regulation, 1938-75: The Congressional Perspective The Cab Under Alfred Kahn: The Origins of De Facto Deregulation The Airline Deregulation Act of 1978 Cab Implementation of the Airline Deregulation Act The Demise of the Civil Aeronautics Board The Results of Deregulation Concentration Pricing Service The Economic Effects of Deregulation: The $6 Billion Myth Safety Airline Survival and Market Darwinism: Dawn of the Global Megacarriers Proposed Solutions: The Proper Relationship Between Government and the Market Reregulation: Dare We Speak It? Putting the Airlines Back on Course: A Modest Legislative Agenda Conclusions

Reviews

?This book will be hailed by those advocating reregulation and condemned by those advocating continued deregulation. Having said that, it is of interest to airline executives, government officials, students and scholars interested in public policy, economics and transportation.?-Defense Transportation Journal


Author Information

PAUL STEPHEN DEMPSEY is Professor of Law and Director of the Transportation Law Program at the University of Denver College of Law. He formerly served as an attorney with the Interstate Commerce Commission and Civil Aeronautics Board. He has been a Fulbright Fellow, was designated the University of Denver's Outstanding Scholar, and has received the Transportation Lawyers Association's Distinguished Service Award. ANDREW R. GOETZ is Assistant Professor of Geography at the University of Denver. He has published research focusing on the geographic distribution of air transportation services since deregulation.

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