Archive for John Semmens

Semantic Confusion in Economic Regulation

Mr. Semmens is an economist for the Arizona Department of Transportation’. In accordance with the Motor Carrier Act of 1980, a Congressionally appointed study commission is touring the country to investigate the consequences wrought by partial deregulation. One of the lines of inquiry the study commission is pursuing deals with the semantic confusion that appears [...]

1May1982 | | 0 comments | Continued

The Road to Ruin

Mr. Semmens is an economist for the Arizona Department of Transportation. In our private lives it seems that crises are relatively rare events brought on by extreme circumstances and unforeseen situations. In the realm of public policy, however, crises seem to be the norm rather than the exception. We have international crises, domestic crises, monetary [...]

1Dec1981 | | 0 comments | Continued

Essential Air Service Subsidies: Just Plane Foolish

Mr. Semmens is an economist for the Arizona Department of Transportation. One of the arguments that is always offered in opposition to deregulation of transportation is that some remote, sparsely populated regions will be denied essential services. In order to neutralize this argument and get airline deregulation passed in 1978, Congress provided for subsidies to [...]

1Oct1981 | | 0 comments | Continued

The Seen vs. A Modern Example

Mr. Semmens is an economist for the Arizona Department of Transportation. Across the country, state after state is chafing under the imposition of the 55-mile-per- hour speed limit. Self-appointed critics of the wisdom of the American public shake their heads knowingly, remonstrating against this “typically shortsighted return to pre-crisis energy profligacy.” The Federal Highway Administration [...]

1Aug1981 | | 0 comments | Continued

Spending Limits Are Not Enough

The enormous increase in government expenditures over the last fifty years has inspired efforts to place some sort of control on the expansion of government budgets. One popular approach, favored by the National Taxpayers Union, would enact a Constitutional amendment requiring a balanced budget. Another approach, favored by economist Milton Friedman, would limit government revenues [...]

1Aug1980 | | 4 comments | Continued

Government Cost/benefit Analyses: The Impetus and the Impotence

Mr. Semmens is an economist for the Arizona Department of Transportation and is studying for an advanced degree in business administration at Arizona State University. The Impetus As the activities of government grow to consume more and more of the available scarce resources, the question of the productivity of the various government activities be comes [...]

1May1980 | | 0 comments | Continued

The Social Cost of Railroad Regulation

Government regulations and controls reduce returns and divert resources out of railroading.

1Dec1979 | | 0 comments | Continued

Mass Transit Mess

Let taxpayers beware of the claims that mass transit affords a solution to the “energy crisis.”

1Oct1979 | | 3 comments | Continued

Capital Punishment

How inflation and taxation discourage and prevent the generation of capital for better jobs.

1Sep1979 | | 0 comments | Continued

Deregulation of Trucking

Answers to some of the arguments against deregulation of the trucking industry.

1Apr1979 | | 0 comments | Continued

No Ways or Means

Since public finance is neither fair nor feasible, the alternative is to rely on private enterprise and the open market.

1Mar1979 | | 0 comments | Continued

Law of the Jungle vs. the Jungle of Law

The laws to eliminate risks only confront us with additional uncertainties.

1Sep1978 | | 0 comments | Continued

Government Regulation and Business Management

The State’s invasion of managerial prerogatives has occurred on all fronts.

1May1978 | | 0 comments | Continued

Regulation and Energy Transport: An Unnatural Disaster

Widespread economic benefits would follow even partial deregulation.

1Feb1978 | | 0 comments | Continued

Transport Deregulation: An Economic Necessity

The promise of more efficient service to the consumer with less waste.

1Jun1977 | | 1 comment | Continued
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