Description
Book SynopsisAnthony Ellison cuts through conventional neo-classical interpretations to expose the indispensable contribution of entrepreneurs in driving the market process and, in particular, in accomplishing the deregulation of the transportation, trade, telecommunications and financial regimes both in North America and across the globe. Entrepreneurs have an important role in any economy, but in this seminal study, the author argues that they have played a crucial part in shaping the contemporary global market.
Entrepreneurs and the Transformation of the Global Economy situates the emergence of the contemporary global market economy within an historical context.
The author reviews the rival interpretations of the global impacts of the surging market economy and is particularly critical of previous Marxist interpretations. His examination of the deregulation of the North American airline industry and the re-design of its organisational infrastructure serves to illustrate the potential of the neo-institutional approach in economic analysis and is intended to offer a more meaningful alternative.
This book will be of interest to academics and researchers of public sector economics, globalisation and deregulation as well as transport economists.
Trade Review'This is a book that should be read by those who teach and research in the area of industrial economics.' -- David Gray, Entrepreneurship and Innovation
'Professor Ellison has written a wide ranging book which makes a major contribution both to serious economics and to practical policy making. Not surprisingly, given his expertise in those areas, he focuses a great deal on transport in general, and on civil aviation in particular. But perhaps more interesting is his emphasis on entrepreneurship and the human element in decision making. The result is a work which will be interesting and valuable in its own right to a whole range of economists. It will also repay scrutiny by others interested in transport, and business behaviour.' -- Lord Maurice Peston, University of London, UK
Table of ContentsContents: Preface Introduction 1. Transport’s Punctuated Precession in North America 2. Regulating and Deregulating the Transformations 3. Future Imperfect 4. Ideologues, Entrepreneurs and Explanations 5. Alternatives to Attaining Efficient Resource Allocation through Transport Markets: Origins and Implications 6. Deregulation as Economic Engineering 7. The FAA and the US Domestic Civil Aviation System 8. The Organisational Re-design of Canada’s Aviation Infrastructure 9. The Reality of Nirvana 10. A Classical Modernist Bibliography Journals Index
