The American Railroad Problem - Softcover

A Study In War And Reconstruction

 
9781334618949: The American Railroad Problem

Synopsis

This book offers a comprehensive history and analysis of American railroad regulation from its inception through the challenges posed by the Great War. The author traces the evolution of the railroad industry from its beginnings as a heavily subsidized enterprise to the growth of public concern over its monopolistic practices. The establishment of the Interstate Commerce Commission in 1887 marked a turning point in the relationship between railroads and the government. The book provides a detailed examination of the ICC's efforts to regulate rates, prevent discrimination, and promote competition, including the challenges it faced and the successes it achieved. The author's insights shed light on the complex interplay between private enterprise and public oversight, making this book essential reading for anyone interested in the history of American transportation and the ongoing debate over the role of government in regulating industry.

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About the Author

At the time of original publication in 1921, I. Leo Sharfman was Professor of Economics at the University of Michigan.

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