The great airship race From: Ideas on Liberty | Date: February 1, 2001| Author: Laffitte, Frank | Copyright Foundation for Economic Education, Incorporated Feb 2001. Provided by ProQuest LLC.Copyright information

History

Today as we face the consequences of de facto socialism in much of our transportation, it is poignant to think that we might have avoided our problems if the results of an experiment in the 1920s had been heeded. That experiment, perhaps the most dramatic head-to-head competition between capitalism and socialism, was the brainchild of the first Labor government of England.

In 1924 the government of Ramsay MacDonald decided to establish air service between England and I...

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