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The entire airline industry was nationalized at one time. I wonder how safe things were during this period versus today.
by Andrex 3y ago
The entire airline industry was nationalized at one time. I wonder how safe things were during this period versus today.
- jagged-chisel 3y agoDon’t forget to control for advances in technology.
- ric2b 3y agoYes, the most accurate comparison would probably be comparing public and private rail across different countries. There are probably other factors that would need to be controlled for as well, though.
- hawthornio 3y agoPrivate vs public rail might be a good proxy—e.g., britain’s privatization under thatcher, NYC acquiring various independent subway operators
- eterm 3y agoUK Rail privitisation wasn't under Thatcher.