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The View from the U S Postal Service
The Need to Free
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airlines altematives American assets Baltimore beneﬁts billion British Post Ofﬁce cable Cato Institute commercial communication companies compete competition competitors Congress consumers contracting corporation customers deﬁned deﬁnition of letter deliver delivery services deregulation difﬁcult e-mail economic economies of scale economists efﬁciency electric utility electronic enterprise example faxes Federal Express ﬁnd ﬁrst ﬁrst-class mail ﬁve ﬂows govemment Ibid incentives increase inefﬁcient Information Age innovation Intemet Lamar mail service mailers major monop natural monopoly ofﬁcials operate ownership package percent PES Letter Post Ofﬁce postal monopoly postal monopoly law Postal Rate Postal Rate Commission postal system postmaster presort private delivery Private Express Statutes private ﬁrms private sector problems proﬁts railroad regulation regulatory Regulatory Economics reliability Runyon Service's signiﬁcant speciﬁc suppliers telephone term letter third-class mail tion transportation trucks U.S. Postal Service United United Parcel Service universal service USPS utility industry vertically integrated