Natural Principles Regulating Railway Rates (Classic Reprint)

Language: English

Published by Forgotten Books, 2018

1334471193 / 9781334471193

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book explores the principles regulating railroad rates in the United States and Europe, arguing that state control has historically inhibited the investment of capital in new lines, leading to higher rates of transportation. The author, an experienced railroad manager, asserts that rates are naturally regulated by the forces of supply and demand and competition between rail and water routes and markets. The author applies these principles to various forms of discrimination in rates, arguing that while some discriminations favor persons, places, or things, they are generally based on differences in the cost of service or the volume of traffic. The author concludes that to prohibit these discriminations would also prohibit competition, leading to higher rates and reduced traffic, ultimately harming consumers and the economy. This book offers valuable insights into the complex factors that determine railroad rates, emphasizing the importance of free-market principles in regulating transportation costs. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…

Seller Inventory # 9781334471193_0

Title
Natural Principles Regulating Railway Rates (Classic Reprint)
Author
Gerrit L. Lansing
Publisher
Forgotten Books
Publication year
2018
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1334471193
ISBN 13
9781334471193
Seller catalogs
Economics

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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FB &c Ltd

Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR