Pakistan Journal of Social Sciences
ISSN: Online 1993-6052ISSN: Print 1683-8831
Abstract
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.
How to cite this article:
Walter E. Block . The Privatization of the Airline Industry.
DOI: https://doi.org/10.36478/pjssci.2008.300.305
URL: https://www.makhillpublications.co/view-article/1683-8831/pjssci.2008.300.305