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Railway Regulation: An Analysis of the Underlying Problems in Railway Economics From the Standpoint of Government Regulations (Classic Reprint) - Softcover

I. Leo Sharfman

 
9781332030804: Railway Regulation: An Analysis of the Underlying Problems in Railway Economics From the Standpoint of Government Regulations (Classic Reprint)

Synopsis

This book provides an analysis of the underlying problems in railway economics from the angle of regulation in the United States. It traces the development of railway transportation in the US from its origins as a speculative and often fraudulent industry, to its position as a major economic force. The author examines the legal and economic basis of regulation, the problem of competition, and the theory and practice of rate-making. The book offers a detailed consideration of how state and federal regulation has evolved, covering the role of the Interstate Commerce Commission and the doctrine of judicial review. It also discusses the causes and nature of railway discrimination, and the methods of state regulation including the regulation of franchises, security issues, rates and service, and accounts and reports. The author concludes by assessing the conflict between state and federal authority, and the present status of federal regulation. An invaluable resource for anyone interested in the history, economics, and regulation of railway transportation in the US.

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