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The Dangers of Bus Re-regulation By John Hibbs

The Dangers of Bus Re-regulation

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Shows how the bus industry gradually had its commercial freedom restrained by politicians until it became totally accountable to them. This title shows that the 1985 Transport Act liberated the bus industry to serve passengers rather than politicians.

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The Dangers of Bus Re-regulation Summary


The Dangers of Bus Re-regulation: And Other Perspectives on Markets in Transport by John Hibbs

The bus industry receives much less attention from politicians and economists than the rail industry, despite the fact that the former is more important in most areas of the country. In this important historical and economic analysis, John Hibbs shows how the bus industry gradually had its commercial freedom restrained by politicians until it became totally accountable to them, leading to what Hibbs terms the 'strange suicide of the British bus industry'. Hibbs developed much of the intellectual case for the 1985 Transport Act, which, as he shows, liberated the bus industry to serve passengers rather than politicians. Huge benefits flowed from that Act, but the current government, backed up by the European Union, is allowing local authorities to pursue, by stealth, a policy of promoting franchise - or competition for a monopoly. Hibbs' economic and historical analysis is compelling and should be of interest to all involved with transport policy.

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Additional information

GOR010741802
The Dangers of Bus Re-regulation: And Other Perspectives on Markets in Transport by John Hibbs
John Hibbs
Used - Like New
Hardback
Institute of Economic Affairs
2005-10-20
136
0255365721
9780255365727
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins.