Along Pennsylvania Avenue
, by Murray Rothbard
, Faith and Freedom
, Sep 1955
After some comments on politics and politicians, covers the debate over the TVA from both Republican and Democrat sides and finds a libertarian voice in a young Republican, ending with remarks on regulatory mischief at the Civil Aeronautics Board
"Our government punishes one airline company while it subsidizes another. One airline, North American, receives no subsidy and yet pioneered in low-cost aircoach service. Showing an excellent safety record, North American forced the other reluctant companies to enter the cheaper aircoach field. Yet the Civil Aeronautics Board, the Federal agency that dictates to the airline industry, is warring unceasingly against North American. ... This hamstringing of a young airline clearly shows the role of our many regulatory agencies: they harass private enterprise and promote a monopoly."
Freedom, Security, and the Roots of Terrorism against the United States
, by Richard Ebeling
, Future of Freedom
, Oct 2001
Reflections on the 11 September attacks a few weeks after, discusses the reasons for the terrorist attacks and proposes certain measures to deal with the situation
"On the other hand, privatization of airports and air traffic control would now place the safety of air travelers directly on the shoulders of the suppliers of transportation and the related facilities. No airline or airport would make money if it failed to secure the safety and lives of its customers and passengers. The insurance companies carrying the policies on airline companies and airports would insist on various safety measures and methods to minimize the risk of a hijacking or a terrorist act. The history of private 'regulation' through the insurance and related industries is a long and successful one. "
Julian Simon, Lifesaver
, by Donald J. Boudreaux
, The Freeman
, Apr 1998
Reflections on the passing of Julian Simon; opening quote: "The real issue is not whether one cares about nature, but whether one cares about people", The Ultimate Resource 2
"More than 20 years ago, Julian devised the volunteer system that U.S. airlines use today to handle overbooked flights. Because of him, airline travel is now more reliable and less costly. As a result, fewer people drive long distances; more people fly. And because flying is much safer than driving, Julian's idea literally saves lives. ... No one is forced to miss the flight; instead, the airline pays people to miss the flight. The airline pays with an offer of a later flight to the passenger's immediate destination as well as with a free roundtrip ticket to another destination of the passenger's choosing."
Saying Good-Bye to Dubai: Bidding Adieu to Globalization?
, by Leon Hadar, 18 Mar 2006
"In fact, foreign companies, including those from Singapore, Taiwan, South Korea and Denmark, are managing the majority of the terminals at US ports, especially the big ones such at Los Angeles and Long Beach in California and New York and New Jersey, and much of the US merchant marine fleet was bought by foreigners, including by Singapore's Neptune Orient Line."
Stop Those Who Would Stop Uber
, by Sheldon Richman
, 11 Nov 2014
Explains how the Uber and Lyft services work and describes the local government reaction when Uber started offering its service in Little Rock, Arkansas
"... Uber (and its competitor, Lyft) is a company whose smartphone app efficiently matches riders and drivers. When Uber enters a market, it carefully recruits and certifies local drivers. Then, using the app, people who need a ride can quickly find drivers to get them where they want to go. Customers are told fares in advance and how long they'll wait to be picked up. After the trip, driver and rider are asked to evaluate each other."
Talkers versus doers
, by Thomas Sowell
, 9 Jun 2004
Contrasts the pharmaceutical, automobile, housing and tech companies and entrepreneurs to those who create nothing yet criticize those businesses and are popularly regarded as heroes instead of those who truly improve lives
"Today, we take the automobile so much for granted that it is hard to realize what an expansion of the life of ordinary people it represented. There was a time when most people lived and died within a 50-mile radius of where they were born. The automobile opened a whole new world to these people. It also enabled those living in overcrowded cities to spread out into suburbs and get some elbow room. Trucks got goods to people more cheaply and ambulances got people to hospitals to save their lives."
The Challenge to the U.S. Postal Monopoly, 1839-1851
[PDF], by Kelly B. Olds, Cato Journal
Analysis of the operation of the U.S. Post Office in the 1840s, including estimates of subsidies to various groups, and discussion of the private competitors and the effects they had on the postal service
"Coach contractors were a very influential lobby In Washington. On the surface, horse, sulky and stagecoach contracts were determined competitively. Routes were auctioned off for four years. Allegations were made, however, that the bidding on contracts was rigged. Government treated postal contracts as an unofficial means of subsidizing transportation. ... The federal government had an unstated policy of subsidizing railroad and steamship companies. Railroads dramatically lowered transport costs for the private sector, but the construction of railroads actually raised the price of mail transportation."
, by Ed Regis, Wired
, Feb 1997
Lengthy essay about Simon, his research and writings, as well as critical views on his positions
"Then in 1966 or so, he had his big idea about how to solve the airline overbooking problem. Anticipating no-shows, airlines routinely oversold their flights. But when more people showed up at the gate than the plane had seats, pandemonium ensued. 'Well, why not pay people to get off the plane?' he wondered. ... Eleven years later, in 1977, Simon hadn't given up on the scheme. ... And lo and behold, a year after that, when economist Alfred Kahn headed up the Civil Aeronautics Board, Simon's proposal was put into practice. It was a raging success from the start, remains so to this day ..."
The Experimental Economist: Nobel laureate Vernon Smith takes markets places they've never been before
, by Vernon L. Smith
, Nick Gillespie
, Michael W. Lynch, Reason
, 9 Oct 2002
Topics discussed include law (discovered vs. formally made), experimental economics, electric power, demand-interrupt pricing, airport landing and takeoff slots, NASA missions, libertarianism and economics
"We're doing work on creating a market for the exchange of landing and takeoff slots at airports. In normal circumstances, those rights have been fully allocated among the airlines at a given airport. But let's say a bad weather front moves in, so there's a ground delay. They've been doing maybe 60 landings and takeoffs per hour, but now they've got to reduce that to 30. What airports tend to do is just stretch out the existing schedule, which leads to cancellations and other problems. What you need is a market mechanism so that the flights that have higher priority get out."
The Many Monopolies
, by Charles W. Johnson, 24 Aug 2011
Describes four ways in which markets are distorted by government interventions, explains Tucker's "Four Monopolies", examines five present-day monopolies and discusses Tucker's libertarian views
"The Infrastructure Monopoly includes physical and communications infrastructure. Governments build roads, railways, and airports through eminent domain and tax subsidies, and impose cartelizing regulations on most mass transit. Restricted entry secures monopoly profits for insulated carriers; confiscating money and property to subsidize long-distance transportation and shipping creates tax-supported business opportunities for agribusiness, big-box chain retailers, and other businesses dependent on long-haul trucking."
Related Topics: Banking
, Communications Technology
, Free Market
, Free Trade
, Health Care
, Intellectual Property Laws
, Occupational Licensing
, Benjamin Tucker
The Railroads of France
, by Murray Rothbard
, The Freeman
, Sep 1955
Recounts the history of gradual nationalization of French railroads from 1876 to 1938, as well as a comparison between the Belgian state-owned railway and the then privately-owned French Northern Railway
"... the French government purchased the large and important Western Railway system in 1908 ... The effects of the new regime of government ownership were ... The entire railroad was in disorder. A series of major accidents occurred on the government line, although there were no such accidents on the private lines. ... In 1908, the length of time for a trip from Rouen to Paris was 2 hours and 11 minutes. After three years of government operation, the time had increased to 2 hours and 39 minutes, a rise of 20 per cent—seven minutes longer than the time for the trip when the railroad first began operations in 1865."
The Snare of Government Subsidies
, by Gary North, Mises Daily
, 31 Aug 2006
Explains how government starts by granting a benefit to some group (purportedly for the public interest), someone takes advantage of the system, the group is asked to police itself, cheating grows, a crisis is perceived, leading to increased interventions
"In the case of the great railroads in the United States which were built in the 1860s and 1870s, the government offered millions of acres of land to the railroad companies as an incentive to begin and complete construction. ... Created by government subsidy, controlled in the name of protecting the consumer, the railroads in the Northeastern part of the United States, as well as the Midwest, have been strangled to death."
Curb Rights: A Foundation for Free Enterprise in Urban Transit
by Daniel B. Klein, Adrian T. Moore, Binyam Reja, 1997
Enough Is Enough!
, by Ron Paul
, 17 Nov 2010
Short speech announcing new legislation to curb the TSA and the notion that Americans have accepted being treated like cattle