A Voice For Privatization of FAA | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 07.29.14/Oshkosh Day 2! ** HD iPad-Friendly Version--Airborne 07.29.14/Oshkosh Day 2 **
** Airborne 07.28.14/Oshkosh Day 1! ** HD iPad-Friendly Version--Airborne 07.28.14/Oshkosh Day 1 **

Wed, Jun 25, 2003

A Voice For Privatization of FAA

Anything Government Can Do, The People Can Do Better

"Although the FAA’s mission is to provide a 'safe, secure, and efficient global aerospace system,' the agency fails to achieve its goals because it lacks the knowledge required to construct a rational, comprehensive plan for their attainment. An appreciation of the knowledge problem helps us to understand why the best public policy for promoting safety and efficiency in air travel would be either to eliminate the FAA or to privatize it."

Thus is the thought, from an economic point of view, of the destiny of failure of the FAA. Economists Paul A. Cleveland and Jared R. Price systematically attack the FAA's failures, and its inescapable future failure ("failure" meaning both "the inability to function as hoped-for" and "the gross inefficiency of performance"), through analysis of the politics of central planning.

Although the broad argumaent the authors present could be applied to a multitude of federal programs, the insights into the FAA, specifically, are worth the somewhat-dry read. [They can't help it; they're economists --ed.]

The historical perspective and the analysis of recent events, though, is clearly worth the effort; and you'll come away with a new way of looking at governmental controls.

For instance, much of the industry's talk lately has been some form of griping about "deregulation." Cleveland and Price argue that it is not deregulation, but so much remaining regulation in and around the industry, that has continued to force non-market (that is, inefficient) actions: "After the CAB was abolished, the only regulatory control that remained was that administered by the FAA. The Airline Deregulation Act of 1978 allowed market forces to function in a large segment of the air-travel system (pricing and routing decisions), but it failed to liberate the infrastructure on which the airlines operated daily, the airports, and the ATC system." The results of this regulation, they say, are stagnation in technology, in implementation, and in safety.

If your brain needs a little work to do, and your mind isn't numb or just closed, you'll enjoy this one...

FMI: http://www.independent.org/tii/media/pdf/tir81cleveland.pdf

Advertisement

More News

Airborne 07.25.14: Global Flight Tragedy, Blue Angel Update, GA's Next Big Thing

Also: Eve Of Oshkosh, WomenVenture, Garmin Flight Stream, AEA Pilot's Guide The father-son duo of Babar Suleman and 17-year-old Haris Suleman of Plainfield Indiana had planned thei>[...]

IMC CLubs Leads The Way To OSH14 Special Event Coverage

IMC Clubs: Building Instrument Proficiency Through Community When it comes to flying, there is no substitute for proficiency and training. And maybe nowhere is that more important >[...]

Electrifying OSH2014 Sponsor: Concorde Batteries

Concorde Charges Up Our Oshkosh 2014 Coverage! Concorde Battery Corporation has been in the battery manufacturing business for over 30 years and is the world leader in Valve Regula>[...]

Innovative OSH14 Sponsor, iFlightPlanner, Provides Expert Guidance

What is iFlightPlanner? iFlightPlanner is general aviation’s most comprehensive suite of easy-to-use flight planning tools for private and corporate pilots. Featuring iFlight>[...]

OSH2014 Sponsor: Eclipse Aerospace -- In Full Production!

The Eclipse 550: Economical. Efficient. Incredible. The Eclipse 550 not only has the lowest acquisition cost of any twin-engine jet on the planet, it also has the lowest operating >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC