A01=Ganesh Sitaraman
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air transportation system
airline business
airline deregulation
airline deregulation act
airline hubs
airline routes
american airlines
antitrust
Author_Ganesh Sitaraman
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aviation technology
behind the scenes of the airline industry
Category1=Non-Fiction
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civil aeronautics board
competitive market forces
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federal aviation administration
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future of the airplane industry
government control
history of aviation
history of flying
history of the airline industry
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transportation policy
Product details
- ISBN 9798987053584
- Dimensions: 127 x 191mm
- Publication Date: 28 Dec 2023
- Publisher: Columbia Global Reports
- Publication City/Country: US
- Product Form: Paperback
- Language: English
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Why are the airlines always in a crisis?
Everyone has a horror story about air travel—cancellations, delays, lost baggage, tiny seats, poor service. In this day and age, there is no reason that flying should be this bad. In Why Flying Is Miserable, Ganesh Sitaraman, a law professor and policy expert, explains how this happened: It was a conscious choice made by Washington in the 1970s to roll back many forms of regulation that began during the New Deal, in the name of unimpeded capitalism and more competition. Today, the industry is an oligopoly, with only four too-big-to-fail airlines that have received billions of dollars in taxpayer bailouts and still can’t offer reliable service.
Miserable air travel is the perfect symbol of the type of unregulated capitalism that America has unleashed. But there are ways to fix airlines—and, by extension, many other sectors of industry—because, after a half-century run, people are sick and tired of the turbulence that deregulation has brought to our economy.
Everyone has a horror story about air travel—cancellations, delays, lost baggage, tiny seats, poor service. In this day and age, there is no reason that flying should be this bad. In Why Flying Is Miserable, Ganesh Sitaraman, a law professor and policy expert, explains how this happened: It was a conscious choice made by Washington in the 1970s to roll back many forms of regulation that began during the New Deal, in the name of unimpeded capitalism and more competition. Today, the industry is an oligopoly, with only four too-big-to-fail airlines that have received billions of dollars in taxpayer bailouts and still can’t offer reliable service.
Miserable air travel is the perfect symbol of the type of unregulated capitalism that America has unleashed. But there are ways to fix airlines—and, by extension, many other sectors of industry—because, after a half-century run, people are sick and tired of the turbulence that deregulation has brought to our economy.
Ganesh Sitaraman is a law professor and the director of the Vanderbilt Policy Accelerator for Political Economy and Regulation. He is the author of several books, including The Crisis of the Middle-Class Constitution and The Great Democracy. Sitaraman is a member of the FAA’s Commercial Space Transportation Advisory Committee. He was previously a senior advisor to Senator Elizabeth Warren on her presidential campaign. He lives in Nashville, TN.
