Air Mail Subsidies


Book Description

Considers legislation to provide for separation of subsidy from air mail pay.




Airlines and Air Mail


Book Description

Conventional wisdom credits only entrepreneurs with the vision to create America's commercial airline industry and contends that it was not until Roosevelt's Civil Aeronautics Act of 1938 that federal airline regulation began. In Airlines and Air Mail, F. Robert van der Linden persuasively argues that Progressive republican policies of Herbert Hoover actually fostered the growth of American commercial aviation. Air mail contracts provided a critical indirect subsidy and a solid financial foundation for this nascent industry. Postmaster General Walter F. Brown used these contracts as a carrot and a stick to ensure that the industry developed in the public interest while guaranteeing the survival of the pioneering companies. Bureaucrats, entrepreneurs, and politicians of all stripes are thoughtfully portrayed in this thorough chronicle of one of America's most resounding successes, the commercial aviation industry.




Separation of Air Mail Pay from Subsidy


Book Description










The Pig Book


Book Description

A compendium of the most ridiculous examples of Congress's pork-barrel spending.




Taking Flight


Book Description

Taking Flight explores the emergence of commercial aviation between the world wars—and in the midst of the Great Depression—to show that the industry’s dramatic growth resulted from a unique combination of federal policy, technological innovations, and public interest in air travel. Historian M. Houston Johnson V traces the evolution of commercial flying from the US Army’s trial airmail service in the spring of 1918 to the passage of the pivotal Air Commerce Act of 1938. Johnson emphasizes the role of federal policy—particularly as guided by both Herbert Hoover and Franklin Roosevelt—to reveal the close working relationship between federal officials and industry leaders, as well as an increasing dependence on federal assistance by airline, airframe, and engine manufacturers. Taking Flight highlights the federal government’s successful efforts to foster a nascent industry in the midst of an economic crisis without resorting to nationalization, a path taken by virtually all European countries during the same era. It also underscores an important point of continuity between Hoover’s policies and Roosevelt’s New Deal (a sharp departure from many interpretations of Depression-era business history) and shows how both governmental and corporate actors were able to harness America’s ongoing fascination with flying to further a larger economic agenda and facilitate the creation of the world’s largest and most efficient commercial aviation industry. This glimpse into the golden age of flight contributes not only to the history of aviation but also to the larger history of the United States during the Great Depression and the period between the world wars.




Taking Flight


Book Description

The commercial aviation industry is a major part of the U.S. transportation infrastructure and a key contributor to the nation's economy. The industry is facing the effects of a reduced role by the military as a source of high-quality trained personnel, particularly pilots and mechanics. At the same time, it is facing the challenges of a changing American workforce. This book is a study of the civilian training and education programs needed to satisfy the work-force requirements of the commercial aviation industry in the year 2000 and beyond, with particular emphasis on issues related to access to aviation careers by women and minorities.




Energy Subsidy Reform


Book Description

Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.




Economic Regulation and Its Reform


Book Description

The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.