Whenever competition is feasible it is, for all its imperfections, superior to regulation as a means of serving the public interest.

I really don't know one plane from the other. To me they are just marginal costs with wings.

Maybe it's sex appeal, but there's something about an airplane that drives investors crazy.

Whenever competition is feasible it is, for all its imperfections, superior to regulation as a means of serving the public interest.

If you can't explain what you're doing in simple English, you are probably doing something wrong.

You may have heard that a dean is to faculty as a hydrant is to a dog.

People express is clearly the archetypical deregulation success story and the most spectacular of my babies. It is the case that makes me the proudest.