The Interstate Commerce Commission and its relationship with the railroad is the subject of this work, which traces the enormous changes that saw the rail industry go from being strictly regulated for 90 years to being largely deregulated in the late 1970s.
Introduction The Era of Negative Regulation: From the Beginning to 1920 The Era of Positive Regulation: 1920-1976 The Watershed Year: 1976 Moving Toward Rail Freedom: 1977-1980 The Staggers Act and Its Impact Recent Events Observations and Conclusions Selected Bibliography Index
RICHARD D. STONE is Assistant Professor of Marketing at Towson State University in Maryland. He has previously published and presented papers on transportation and transport systems.
?Stone (marketing, Towson State University) has written a history
of the Interstate Commerce Commission (ICC) and its regulatory
control over the railroads. Although the primary focus of the book
is the period after 1976, the author also describes the political
and economic conditions leading up to the creation of the ICC as
well as ICC policies in the intervening years. The book constitutes
a detailed history of the legislation, rulings, and court decisions
that have affected the regulatory relationship between the
railroads and the ICC. Stone also provides useful descriptions of
the individual actors involved in this process and describes the
many changes in the institutional structure of the ICC that have
occurred through the years. The last half of the book documents the
process of administrator of Daniel O'Neal and later Darius Gaskins
as ICC chairmen as well as the process of legislative deregulation
beginning with the Staggers Act of 1980. The various legislative
initiatives to reregulate the railroad industry and alternatively
to abolish the ICC are also described. For upper-division
undergraduate and graduate collections.?-Choice
"Stone (marketing, Towson State University) has written a history
of the Interstate Commerce Commission (ICC) and its regulatory
control over the railroads. Although the primary focus of the book
is the period after 1976, the author also describes the political
and economic conditions leading up to the creation of the ICC as
well as ICC policies in the intervening years. The book constitutes
a detailed history of the legislation, rulings, and court decisions
that have affected the regulatory relationship between the
railroads and the ICC. Stone also provides useful descriptions of
the individual actors involved in this process and describes the
many changes in the institutional structure of the ICC that have
occurred through the years. The last half of the book documents the
process of administrator of Daniel O'Neal and later Darius Gaskins
as ICC chairmen as well as the process of legislative deregulation
beginning with the Staggers Act of 1980. The various legislative
initiatives to reregulate the railroad industry and alternatively
to abolish the ICC are also described. For upper-division
undergraduate and graduate collections."-Choice
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