Vol. XXVI
Normative Economics?
Norman Mineta, the one-time Secretary of the U.S. Department of Transportation, knew that another 200 or so smaller container handling ports – rather than the half-dozen so-called “hub ports” or “king ports” – would overcome the disadvantages shoved down the throats of unwary U.S. consumers and taxpayers. Had decision-making authorities heeded his advice: – –…
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