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|    RAILFAN    |    Trains, model railroading hobby    |    3,261 messages    |
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|    Message 1,813 of 3,261    |
|    hancock4@bbs.cpcn.com to Stephen Sprunk    |
|    Re: Price gouging by airlines after Amk     |
|    20 May 15 11:03:28    |
      On Wednesday, May 20, 2015 at 1:00:34 PM UTC-4, Stephen Sprunk wrote:              > The airlines were probably already (almost?) completely booked, and the       > last few seats are _always_ crazy expensive. That is standard yield       > management, not "gouging".              The "yield management" system may be how the prices were developed, but the       end result to the consumer was price gouging.              The following book, about Andrew Carnegie and Henry Clay Frick, is an       excellent story about the 'robber baron' mentality of the past. We can see       history repeating itself today. The reforms that were passed over the years       to curb the robber baron        excesses have been repealed.              "Meet you in hell : Andrew Carnegie, Henry Clay Frick, and the bitter       partnership that transformed America" by Les Standiford              --- SoupGate/W32 v1.03        * Origin: LiveWire BBS -=*=- UseNet FTN Gateway (1:2320/1)    |
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