I invite you to actually look at air travel in the heavily regulated era - Wildly expensive, not enough flights, and not reliable.

“...if it’s that your utilization is too high (you should aim for around 30%)....”

Do you think the Brewers broke from the evil collusion of the other owners? Or is this simply the market working as it should?

There’s more to the success of the sports team than a single season’s profitability and won-loss record. If your team loses over and over and over, the profitability will go away too. If you are an ego-maniac billionaire who wants to buy championships at the expense of profitability, you can try do that.....until you…

There are 2 fallacies in this article: