Why Flying Is Miserable

“With characteristic intelligence and eloquence, Ganesh Sitaraman has given us a compelling case for reforming a key element of our economic and cultural lives: the air industry. This is policy argument that can make a difference. Highly recommended!” —Jon Meacham, Pulitzer Prize–winning author and historian “Whether it's the unreliable service, the massive bailouts or the combination of high prices and bad service, the airline industry has come to encapsulate all that has gone wrong in late-stage American capitalism. This book makes it clear we need to rethink how we manage the essential industries in our time and ultimately delivers an inspiring message: this is our country, and we can do better.” —Tim Wu, author of The Curse of Bigness, and former special assistant to President Biden for technology and competition policy “Rules matter. Airline deregulation failed. In this clear and concise policy history, legal scholar Ganesh Sitaraman shows how regulatory capitalism worked, why it was abandoned, and what our future might hold if it were revived. For anyone interested in an accessible introduction to the Networks, Platforms, and Utilities (NPU) school of political economy, Why Flying is Miserable is the place to begin.” —Richard R. John, author of Network Nation: Inventing American Telecommunications “This is the definitive discussion of the failure of deregulation, both as theory and as practice, using airlines as the emblematic case. Drawing on persuasive research, Sitaraman writes vividly for both the suffering consumer and the scholar, and offers ingenious policy alternatives.” —Robert Kuttner, editor of The American Prospect “A highly readable dive into an industry we all depend on but have come to hate. Sitaraman offers a detailed analysis of how the religion of ‘deregulation’ and ‘free markets’ birthed the concentrated, expensive, and poor air service Americans have to live with today. The book offers concrete paths for solution, and a broader lesson about the benefits of well-regulated capitalism over its mythical big brother, ‘free market’ capitalism.” —Yochai Benkler, professor, Harvard Law School, and author of The Wealth of Networks