>Jim Devine wrote:
>
>>I read some stats in LBO awhile back that indicated that price-deregulation
>>didn't really lead to lower airline ticket prices. Doug?
>
>Yup, this is a long-standing LBO obsession. See other post. The dereg
>partisans like to quote real fares per seat-mile, which are down
>
Yes, and de-regulated airfare has gone up much faster than electric
power in the CPI.\
Gene
Doug Henwood wrote:
> Michael Perelman wrote:
>
> >Don't fly to Chico from San Francisco. Going to New York is
> >cheaper. It wasn't
> >before dereg. So it was not beneficial to all consumers.
>
> The
Jim Devine wrote:
>I read some stats in LBO awhile back that indicated that price-deregulation
>didn't really lead to lower airline ticket prices. Doug?
Yup, this is a long-standing LBO obsession. See other post. The dereg
partisans like to quote real fares per seat-mile, which are down
since
Michael Perelman wrote:
>Don't fly to Chico from San Francisco. Going to New York is
>cheaper. It wasn't
>before dereg. So it was not beneficial to all consumers.
The airfare index of the CPI has risen at roughly twice the rate of
the overall CPI since dereg - almost 11% in the last year, v
At 04:35 PM 2/1/00 -0600, you wrote:
> It would appear, by the way, the deregulation of the trucking
>industry in Canada has been much more detrimental in both the
>bankruptcy of numberous trucking companies and a major decline
>in road safety, particularly with low-wage competition with Mexic
I have a simple question about safety. There have been quite a few accidents
among the commuter lines, which replaced the majors, which used to serve
places, such as Chico. Has the safety record really improved that much when
the commuters are factored in? I don't know.
Brad De Long wrote:
>
Yes, Brad, the airline execs don't want to have an accident, and they hope they
won't if they cut corners, but they are sure profits will benefit if they do
cut corners.
gene Coyle
Brad De Long wrote:
> >G'day Brad,
> >
> >>And we have gone from having one serious commercial aviation accident
>
The airlines MUST discriminate -- i. e. must screw business flyers. That's the
only reason for "A Saturday Night Stay is required." If the airlines couldn't
enforce that profits would drop sharply, followed by a shrinkage of capacity, and
then a cut-back of the discounted tickets.
The hub-a
Try reading Breyer's "Closing the Vicious Circle", which we're using in class this
year. It's pretty scary to think that this guy is one of the "leftwing" supremes.
Peter
Eugene Coyle wrote:
> Kennedy may have been influeced by Stephen Bryer, now on the Supreme Court,
> who wrote a 1982 book c
See Robert Kuttner's EVERYTHING FOR SALE for an interesting long-view inspection
of the rate of price declines in the airline industry. His data shows dramatic
decrease in the rate of price drop before the onset of deregulation in the 1980s
airline industry. He essentially argues that pre dereg
What has been the effect of deregulation on service to smaller centers? Is travel
to low traffic
areas much more expensive, or non-existent. When we had more regulation in Canada
permission to serve lucrative routes was contingent upon service on other routes or
centers that were not as profitable
I wrote:
>4. I think that in general there are two dimensions to government
>regulation of industry:
>
>(a) industry self-regulation, like my Dad's old organization (the Audit
>Bureau of Circulations), which makes sure that newspapers don't lie about
>how many folks read them in order to be able t
>Hi again, Brad,
>
>>Seems to me that air safety is one place where the market gives
>>airline executives and airplane manufacturing and maintenance
>>executives exactly the right incentives: people aren't going to fly
>>airplanes or airlines that crash regularly...
>
>They only have to make sure
At 09:59 AM 2/1/00 -0800, you wrote:
>Yes, de-regulation leads to cutting costs, then cutting corners, and then
>crashes. Value Jet into the Everglades is one example. ...
I think it's a mistake to think of deregulation as a simple one-dimensional
phenomenon (a movement toward greater freedom f
Hi again, Brad,
>Seems to me that air safety is one place where the market gives
>airline executives and airplane manufacturing and maintenance
>executives exactly the right incentives: people aren't going to fly
>airplanes or airlines that crash regularly...
They only have to make sure they don
>Don't fly to Chico from San Francisco. Going to New York is
>cheaper. It wasn't
>before dereg. So it was not beneficial to all consumers.
But there are a lot more of us who want to fly from San Francisco to
New York. Bentham would approve...
Brad DeLong
>G'day Brad,
>
>>And we have gone from having one serious commercial aviation accident
>>per 140 million miles flown in 1970 to having one serious commercial
>>aviation accident per 1.4 billion miles flown today. You can indict
>>capitalism for many reasons, but an increased likelihood of dying in
Don't fly to Chico from San Francisco. Going to New York is cheaper. It wasn't
before dereg. So it was not beneficial to all consumers.
Brad De Long wrote:
>
> Don't any of you fly anywhere on vacation?
--
Michael Perelman
Economics Department
California State University
[EMAIL PROTECTED]
C
G'day Brad,
>And we have gone from having one serious commercial aviation accident
>per 140 million miles flown in 1970 to having one serious commercial
>aviation accident per 1.4 billion miles flown today. You can indict
>capitalism for many reasons, but an increased likelihood of dying in
>an a
>
>> Louis Proyect wrote:
>>
>> >One of the most forceful advocates is Ted Kennedy, who
>> >believed that Joe Six-Pack was getting cheated out of affordable air
>> >travel. I guess neglect and stupidity about air travel runs in the Kennedy
> > >family.
>>
But Joe Sixpack *was* getting cheate
Kennedy may have been influeced by Stephen Bryer, now on the Supreme Court,
who wrote a 1982 book called "Regulation and Its Reform." I think Bryer was a
staffer for a Kennedy Senate Committe on de-regulation back then. The book
is dumbed-down Alfred Kahn, which was just MC applied to anything.
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