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.

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.

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

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

Pan Am can go to hell.

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