A brief history of Amtrak -- The failure of Amtrak reform efforts -- Amtrak's present condition -- Myths about the value of Amtrak -- Fallacies about the cost of Amtrak -- Defending against terrorism : can Amtrak do the job? -- Escape from Amtrak : state and local governments -- Passenger...

Monopolists selling complementary products charge a higher price in a static equilibrium than a single multiproduct monopolist would, reducing both the industry profits and consumer surplus. However, firms could instead reach a Pareto improvement by lowering prices to the single monopolist...