Transportation can be called a “friction.” Costing us huge time and money, we spend as much on transportation in the US as on health care. And now, we might add $50 billion to the total. In New Orleans, talking about…
If you are flying during the holidays, do take a look at the color of your plane. Is it rather bland? The reason is deregulation. After 1978, when government stopped approving fares, guaranteeing profits, and allocating routes, the world of…
Weigh baggage, tag it, and place it on the conveyor belt. No you are not an airline employee. You are flying the Australian Airline, Jetstar. Any human interaction will cost you. A question about your baggage? $10. Soon, all U.S.…
Who could possibly have disagreed with President Obama when, in his State of the Union address, he said we have to eliminate wasteful regulations? Some very important people. Emory University economics professor, Paul Rubin, explained in a WSJ article that…
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