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0 pointsmoorhosj7y ago0 comments

==And yet very few people who are aware of that case will even think of applying the same approach to other typically-nationalized industries.==

Airlines were also deregulated and it hasn't really led to a "boom". Lots of bankruptcies and massive consolidation has made for a pretty poor flying experience.

==That might be surprising, since in Argentina just about everything of note has been nationalized at times. It makes sense though: Argentina has a strong central government, and weak local governments, so the central government nationalizes things of national importance, and the local governments not so much.==

Is this true? According to Reuters, the government of Buenos Aires raised bus prices in January 2018 [1].

"Bus, train and subway fares in the Buenos Aires area will rise this year, the Argentine government said on Wednesday, despite fears that the increases will stoke already high inflation.

Fare increases on buses and trains will start in February, Transportation Minister Guillermo Dietrich told reporters, with an initial average rise of around 35 percent."

[1] https://www.reuters.com/article/argentina-transportation/bue...

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cryptonector7y ago

Bus fare in Argentina is regulated.

EDIT: It makes sense to have the same fare for all bus lines in the same city.

EDIT: There has most certainly been a boom in air travel[0]! In Europe air travel is incredibly cheap, and much cheaper than comparable itineraries in the U.S. Now, air travel is generally harder to consume than, say, mobile phone service -- one needs no excuse to use mobile data, but to travel requires planning, time, and more money (especially for lodging), so it's not surprising to me if air travel has grown more slowly than telecoms (though I've not checked, but it's a fair assumption).

[0] https://data.worldbank.org/indicator/IS.AIR.PSGR

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