Tuesday , February 19 2019
Home / John Cochrane - Grumpy Economist / Privatize TSA and ATC!

Privatize TSA and ATC!

Summary:
In the aftermath of 9/11, there was some debate whether TSA should be federal employees, or run privately, and paid for by airlines. Government does not have to actually employ people in order to regulate, supervise, and make sure standards are followed.Similarly, there has been a longstanding debate whether air traffic control should continue to ...

Topics:
John H. Cochrane considers the following as important: ,

This could be interesting, too:

Eric Crampton writes Breaking the pharmacy cartel

John H. Cochrane writes The death of the healthcare market

Donald Marron writes Should Congress Use The Income Tax To Discourage Consumer Drug Ads?

John H. Cochrane writes Carbon tax update

In the aftermath of 9/11, there was some debate whether TSA should be federal employees, or run privately, and paid for by airlines. Government does not have to actually employ people in order to regulate, supervise, and make sure standards are followed.

Similarly, there has been a longstanding debate whether air traffic control should continue to be run by the federal government rather than privatized, as it is in Canada.

Now that TSA and ATC turn out to be the straws that break the camel's back on federal government shutdowns, perhaps it would be wise to revisit both decisions!
John H. Cochrane
In real life I'm a Senior Fellow of the Hoover Institution at Stanford. I was formerly a professor at the University of Chicago Booth School of Business. I'm also an adjunct scholar of the Cato Institute. I'm not really grumpy by the way!

Leave a Reply

Your email address will not be published. Required fields are marked *