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'Ridiculous and funny' - GREG DAVIES 'In a fast-moving world, the
only self-help book I recommend is this collection of the words
from the Dolly Llama' - ED GAMBLE Llama Karma lies within you. The
Dolly Llama, the world's first behooved spiritual leader, shares
his words of wisdom and spiritual teachings for the first time. In
this gem of a book he shows you how cultivate Llama Karma and to
bring peace, compassion and 'cuditation' (a form of chewing and
meditation) into your everyday life. His Gentleness has drawn great
inspiration from 'the four bales of wisdom' which have helped many
grazer browsers before him on the rocky path of life. Take a leaf
out of this book and learn how Llama Karma can help you harness
inner calm, as well as cope with everyday problems like hoof
infection. The perfect gift for llama-lovers, spiritualists and
animal-lovers alike.
"Since the enactment of the Airline Deregulation Act in 1978,
questions that had been at the heart of the ongoing debate about
the industry for eighty years gained a new intensity: Is there
enough competition among airlines to ensure that passengers do not
pay excessive fares? Can an unregulated airline industry be
profitable? Is air travel safe? While economic regulation provided
a certain stability for both passengers and the industry,
deregulation changed everything. A new fare structure emerged;
travelers faced a variety of fares and travel restrictions; and the
offerings changed frequently. In the last fifteen years, the
airline industry's earnings have fluctuated wildly. New carriers
entered the industry, but several declared bankruptcy, and Eastern,
Pan Am, and Midway were liquidated. As financial pressures mounted,
fears have arisen that air safety is being compromised by carriers
who cut costs by skimping on maintenance and hiring inexperienced
pilots. Deregulation itself became an issue with many critics
calling for a return to some form of regulation. In this book,
Steven A. Morrison and Clifford Winston assert that all too often
public discussion of the issues of airline competition,
profitability, and safety take place without a firm understanding
of the facts. The policy recommendations that emerge frequently
ignore the long-run evolution of the industry and its capacity to
solve its own problems. This book provides a comprehensive profile
of the industry as it has evolved, both before and since
deregulation. The authors identify the problems the industry faces,
assess their severity and their underlying causes, and indicate
whether government policy can play an effective role in improving
performance. They also develop a basis for understanding the
industry's evolution and how the industry will eventually adapt to
the unregulated economic environment. Morrison and Winston maintain
that although the airline industry has not reached long-run
equilibrium, its evolution is proceeding in a positive
direction-one that will preserve and possibly enhance the benefits
of deregulation to travelers and carriers. They conclude that the
federal government's primary policy objective should be to expand
the benefits from unregulated market forces to international
travel. Brookings Review article also available "
In 1938 the U.S. Government took under its wing an infant airline
industry. Government agencies assumed responsibility not only for
airline safety but for setting fares and determining how individual
markets would be served. Forty years later, the Airline
Deregulation Act of 1978 set in motion the economic deregulation of
the industry and opened it to market competition. This study by
Steven Morrison and Clifford Winston analyzes the effects of
deregulation on both travelers and the airline industry. The
authors find that lower fares and better service have netted
travelers some $6 billion in annual benefits, while airline
earnings have increased by $2.5 billion a year. Morrison and
Winston expect still greater benefits once the industry has had
time to adjust its capital structure to the unregulated
marketplace, and they recommend specific public polices to ensure
healthy competition.
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