(Free download) The World's First Railway System: Enterprise, Competition, and Regulation on the Railway Network in Victorian Britain






 | #4592646 in eBooks |  2009-09-10 |  2009-09-10 | File Name: B005NKKFOI


|| |The high quality of the methodology and bibliography of this volume reflect its academic origins...well worth careful study. * Today's Railways *|About the Author||Mark Casson is Professor of Economics at the University o

The British railway network was a monument to Victorian private enterprise. Its masterpieces of civil engineering were emulated around the world. But its performance was controversial: praised for promoting a high density of lines, it was also criticised for wasteful duplication of routes.

This is the first history of the British railway system written from a modern economic perspective. It uses conterfactual analysis to construct an alternaive network to rep...


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