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Bus Deregulation–The Next Step
Author(s) -
HIBBS JOHN
Publication year - 1982
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1982.tb01427.x
Subject(s) - deregulation , bureaucracy , competition (biology) , argument (complex analysis) , public transport , raising (metalworking) , market economy , business , economics , engineering , political science , transport engineering , politics , law , mechanical engineering , ecology , biochemistry , chemistry , biology
The fares increase in London Transport following Ken Livingstone's illegal rates surcharge reinforces the argument that public transport be removed beyond the reach of vote‐buying politicians. Deregulation of coaches indicates that the market can provide a cheap and efficient alternative if town halls stop raising bureaucratic obstacles and subsidising municipal competition.