431 | Ganesh Sitaraman: Why Flying Is Miserable - And How to Fix It
The Realignment
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The Shift to Deregulation
This chapter explores the history of airline regulation and the move towards deregulation in the 70s, discussing the goals and functioning of the regulated system as well as the arguments made for deregulation. It highlights the presence of both right-wing and left-wing critics and the strange alliance between figures advocating for deregulation. The chapter concludes by noting that airline deregulation was an early example of bipartisan agreement on moving towards a more market-friendly approach.
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