Rock Island Requiem: The Collapse of a Mighty Fine Line

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9780700619184: Rock Island Requiem: The Collapse of a Mighty Fine Line

Celebrated in history and song, the Chicago, Rock Island and Pacific Railroad Company--the Rock Island Line--was a powerful Midwestern railroad that once traversed thirteen states with its fast freights and Rocket passenger trains but eventually succumbed to government regulation and a changing economy. Gregory Schneider chronicles the Rock Island's painful decline and along the way reveals some of the key problems within the American railroad industry during the post-World War II era.

Schneider takes readers back to a time when railroads still clung to a storied past to offer new insight into the devastating impact of economic policymaking during the 1960s and 1970s. Schneider recounts the largest railroad liquidation in American history--as well as one of the most successful reorganisations in American business--to depict the demise and ultimate collapse of Rock Island as part of a broader account of hard times in the railroad industry beginning in the 1970s.

Schneider weaves a complex story of how business, politics, government bureaucracy, and individual greed helped to limit the economic possibilities of the railroad industry and catapult the Rock Island Railroad into oblivion. Weakened by a troubled economy, the Rock fell victim to inept management and labour union intransigence; but Schneider also reveals how government regulations and price controls prevented innovation, hindered capital acquisition, and favoured other forms of transportation that lie beyond the scope of regulation. Railroads were even hurt by taxation of property and real estate while competitors were able to use government-subsidised highways and airports without having to pay taxes to fund them.

Now that America has gone on to witness the collapse of such mammoth firms as Enron and Lehman Brothers, not to mention the bankruptcy and bailout of General Motors, the story of the Rock provides an instructive lesson in how a major American enterprise was allowed to fall victim to forces often beyond its control--while the bailout of the Penn Central, at the expense of smaller lines like Rock Island, helped initiate the era of "too big to fail."

For economic historians and railroad buffs alike, Rock Island Requiem is a well-researched and informative work--and a mighty good read.

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Schneider, Gregory L.
ISBN 10: 0700619186 ISBN 13: 9780700619184
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Schneider, Gregory L.
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Schneider, Gregory L.
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Descrizione libro Univ Kansas Press. Condizione libro: BRAND NEW. BRAND NEW Hardcover A Brand New Quality Book from a Full-Time Bookshop in business since 1992!. Codice libro della libreria 2104475

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Gregory L. Schneider
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Descrizione libro University Press of Kansas, 2013. HRD. Condizione libro: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria IB-9780700619184

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Gregory L. Schneider
Editore: University Press of Kansas, United States (2013)
ISBN 10: 0700619186 ISBN 13: 9780700619184
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Descrizione libro University Press of Kansas, United States, 2013. Hardback. Condizione libro: New. 241 x 163 mm. Language: English . Brand New Book. Celebrated in history and song, the Chicago, Rock Island and Pacific Railroad Company--the Rock Island Line--was a powerful Midwestern railroad that once traversed thirteen states with its fast freights and Rocket passenger trains but eventually succumbed to government regulation and a changing economy. Gregory Schneider chronicles the Rock Island s painful decline and along the way reveals some of the key problems within the American railroad industry during the post-World War II era. Schneider takes readers back to a time when railroads still clung to a storied past to offer new insight into the devastating impact of economic policymaking during the 1960s and 1970s. Schneider recounts the largest railroad liquidation in American history--as well as one of the most successful reorganisations in American business--to depict the demise and ultimate collapse of Rock Island as part of a broader account of hard times in the railroad industry beginning in the 1970s. Schneider weaves a complex story of how business, politics, government bureaucracy, and individual greed helped to limit the economic possibilities of the railroad industry and catapult the Rock Island Railroad into oblivion. Weakened by a troubled economy, the Rock fell victim to inept management and labour union intransigence; but Schneider also reveals how government regulations and price controls prevented innovation, hindered capital acquisition, and favoured other forms of transportation that lie beyond the scope of regulation. Railroads were even hurt by taxation of property and real estate while competitors were able to use government-subsidised highways and airports without having to pay taxes to fund them. Now that America has gone on to witness the collapse of such mammoth firms as Enron and Lehman Brothers, not to mention the bankruptcy and bailout of General Motors, the story of the Rock provides an instructive lesson in how a major American enterprise was allowed to fall victim to forces often beyond its control--while the bailout of the Penn Central, at the expense of smaller lines like Rock Island, helped initiate the era of too big to fail. For economic historians and railroad buffs alike, Rock Island Requiem is a well-researched and informative work--and a mighty good read. Codice libro della libreria AAC9780700619184

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Schneider, Gregory L.
Editore: University Press of Kansas
ISBN 10: 0700619186 ISBN 13: 9780700619184
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Descrizione libro University Press of Kansas. Hardcover. Condizione libro: New. 0700619186 Brand New Book. Ships from the United States. 30 Day Satisfaction Guarantee!. Codice libro della libreria 16492490

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7.

Gregory L. Schneider
Editore: University Press of Kansas, United States (2013)
ISBN 10: 0700619186 ISBN 13: 9780700619184
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Descrizione libro University Press of Kansas, United States, 2013. Hardback. Condizione libro: New. 241 x 163 mm. Language: English . Brand New Book. Celebrated in history and song, the Chicago, Rock Island and Pacific Railroad Company--the Rock Island Line--was a powerful Midwestern railroad that once traversed thirteen states with its fast freights and Rocket passenger trains but eventually succumbed to government regulation and a changing economy. Gregory Schneider chronicles the Rock Island s painful decline and along the way reveals some of the key problems within the American railroad industry during the post-World War II era. Schneider takes readers back to a time when railroads still clung to a storied past to offer new insight into the devastating impact of economic policymaking during the 1960s and 1970s. Schneider recounts the largest railroad liquidation in American history--as well as one of the most successful reorganisations in American business--to depict the demise and ultimate collapse of Rock Island as part of a broader account of hard times in the railroad industry beginning in the 1970s. Schneider weaves a complex story of how business, politics, government bureaucracy, and individual greed helped to limit the economic possibilities of the railroad industry and catapult the Rock Island Railroad into oblivion. Weakened by a troubled economy, the Rock fell victim to inept management and labour union intransigence; but Schneider also reveals how government regulations and price controls prevented innovation, hindered capital acquisition, and favoured other forms of transportation that lie beyond the scope of regulation. Railroads were even hurt by taxation of property and real estate while competitors were able to use government-subsidised highways and airports without having to pay taxes to fund them. Now that America has gone on to witness the collapse of such mammoth firms as Enron and Lehman Brothers, not to mention the bankruptcy and bailout of General Motors, the story of the Rock provides an instructive lesson in how a major American enterprise was allowed to fall victim to forces often beyond its control--while the bailout of the Penn Central, at the expense of smaller lines like Rock Island, helped initiate the era of too big to fail. For economic historians and railroad buffs alike, Rock Island Requiem is a well-researched and informative work--and a mighty good read. Codice libro della libreria AAC9780700619184

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Schneider, Gregory L.
Editore: University Press of Kansas, Lawrence (2013)
ISBN 10: 0700619186 ISBN 13: 9780700619184
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Descrizione libro University Press of Kansas, Lawrence, 2013. Hardcover. Condizione libro: New. 392 pages. Hardcover with dustjacket. New book. TRANSPORTATION. Celebrated in history and song, the Chicago, Rock Island and Pacific Railroad Company - the Rock Island Line - was a powerful Midwestern railroad that once traversed thirteen states with its fast freights and Rocket passenger trains but eventually succumbed to government regulation and a changing economy. Gregory Schneider chronicles the Rock Island's painful decline and along the way reveals some of the key problems within the American railroad industry during the post-World War II era. Schneider takes readers back to a time when railroads still clung to a storied past to offer new insight into the devastatng impact of economic policymaking during the 1960s and 1970s. (Key Words: Rock Island Line, Gregory L. Schneider, Transportation, Chicago Rock Island and Pacific Railroad Company, Railroads, Goverment Regulation). book. Codice libro della libreria 79333X1

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Gregory L. Schneider
Editore: University Press of Kansas
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Descrizione libro University Press of Kansas. Hardback. Condizione libro: new. BRAND NEW, Rock Island Requiem: The Collapse of a Mighty Fine Line, Gregory L. Schneider, Celebrated in history and song, the Chicago, Rock Island and Pacific Railroad Company--the Rock Island Line--was a powerful Midwestern railroad that once traversed thirteen states with its fast freights and Rocket passenger trains but eventually succumbed to government regulation and a changing economy. Gregory Schneider chronicles the Rock Island's painful decline and along the way reveals some of the key problems within the American railroad industry during the post-World War II era. Schneider takes readers back to a time when railroads still clung to a storied past to offer new insight into the devastating impact of economic policymaking during the 1960s and 1970s. Schneider recounts the largest railroad liquidation in American history--as well as one of the most successful reorganisations in American business--to depict the demise and ultimate collapse of Rock Island as part of a broader account of hard times in the railroad industry beginning in the 1970s. Schneider weaves a complex story of how business, politics, government bureaucracy, and individual greed helped to limit the economic possibilities of the railroad industry and catapult the Rock Island Railroad into oblivion. Weakened by a troubled economy, the Rock fell victim to inept management and labour union intransigence; but Schneider also reveals how government regulations and price controls prevented innovation, hindered capital acquisition, and favoured other forms of transportation that lie beyond the scope of regulation. Railroads were even hurt by taxation of property and real estate while competitors were able to use government-subsidised highways and airports without having to pay taxes to fund them. Now that America has gone on to witness the collapse of such mammoth firms as Enron and Lehman Brothers, not to mention the bankruptcy and bailout of General Motors, the story of the Rock provides an instructive lesson in how a major American enterprise was allowed to fall victim to forces often beyond its control--while the bailout of the Penn Central, at the expense of smaller lines like Rock Island, helped initiate the era of "too big to fail." For economic historians and railroad buffs alike, Rock Island Requiem is a well-researched and informative work--and a mighty good read. Codice libro della libreria B9780700619184

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Gregory L. Schneider
Editore: University Press of Kansas 2013-10-30, Kansas (2013)
ISBN 10: 0700619186 ISBN 13: 9780700619184
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Descrizione libro University Press of Kansas 2013-10-30, Kansas, 2013. hardback. Condizione libro: New. Codice libro della libreria 9780700619184

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