TITLE

Selling the New York Subways

AUTHOR(S)
Ramsey, James B.
PUB. DATE
February 1983
SOURCE
National Review;2/4/1983, Vol. 35 Issue 2, p112
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article proposes to sell the New York subway system. It looks at the history of the financial problems of the subway system and its impact on the service. It identifies the cause of this problem and examines the explanation for the deficits sustained by the subway from several perspectives. In doing so, it considers the political influence of the labor union bargaining with the Metropolitan Transport Authority. Then, it outlines the fundamental elements of the scheme to sell the subway system and explains why private management would be better than public management.
ACCESSION #
6057216

 

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