Sam Peltzman Quotes (3 Quotes)

Right now, it's the best of both worlds low fares and lots of flights. But that can't last, and everybody who doesn't have a flight available to them in the future will be worse off.

The whole industry needs to get smaller.

The broad conclusion from tons of academic research is that private sector does things better than government. In a lot of these cases privatization is the only thing do because (large state projects) require a lot of capital and government entities usually have limited access to capital.