Vol. 27, No. 1 (Spring
Should Airlines be Subsidized in an Emergency?
The Libertarian View
Jennifer Dirmeyer, Fred Tulley, Walter Block
The authors apply the theory of an unhampered market economy
to the post-September 11 situation of the airlines in the United
States, and argue that a government bailout ill-serves the market,
misdirecting resources and retarding a consumer-driven adjustment
of supply and demand to reflect the new realities of the marketplace.