Aviation Deregulation – Who’s Benefiting?
How did deregulation impact the airline industry? Did it make the consumer better or worse off?
Deregulation is a public policy concept that appears to support Adam Smith’s invisible hand metaphor, advising against government meddling in the free exchange of information, planning, cooperation, and production of commodities and services. However, Smith recognized the need for secure contracts and other police protections (regulations), fundamental to any social enterprise. In this seminar, Dr. Marty Rowland addresses the following question – What was the consumer’s experience prior to and after the deregulation wave in the aviation industry? Did this popular philosophy bear out its promises, or was deception part of the package all along?
Instructor: Dr. Marty Rowland
Date: Thursday August 13th, 2020
Time: 6:30PM – 8:00PM