TY  - JOUR
T1  - The Privatization of the Airline Industry
AU - , Walter E. Block 
JO  - Pakistan Journal of Social Sciences
VL  - 5
IS  - 4
SP  - 300
EP  - 305
PY  - 2008
DA  - 2001/08/19
SN  - 1683-8831
DO  - pjssci.2008.300.305
UR  - https://makhillpublications.co/view-article.php?doi=pjssci.2008.300.305
KW  - Airline socialism
KW  -prices
KW  -incentives
KW  -competition
AB  - Government control over the airline industry (runways, airports, security, routes) has been a moral and economic disaster since its very inception. This should occasion no surprise, at least since the fall of the Berlin Wall and the disintegration of the USSR due to socialism, for, even though government control over airlines occurs in the ostensibly free market US, it still constitutes socialism and if there is anything we have learned from these experiences it is that socialism simply does not work. Competition and private property rights maximize human welfare in every realm of human action they are allowed to operate and airlines are certainly no exception to this general rule.
ER  -