Article:
Robert C. Means & Barry Chasnoff, State Regulation of Air Transportation: The Texas Aeronautics Commission, 53 Texas L. Rev. 653 (1975).
 

Abstract:
This article dealing with one state agency that regulates commercial aviation, the Texas Aeronautics Commission, is divided into four major sections. The first describes the limits of the TAC’s Legal powers; the second and third describe the principal actors in the regulatory process: the Commission and the carriers subject to its jurisdiction. The final section then considers the purposes served by TAC regulation. The final section can then be seen as justification for the other three, as in a sense it must be. But the conclusions that the earlier sections will support are limited. Evaluation of economic regulation depends partly on value judgments, and even where it involves questions of fact, they often are scarcely more susceptible to definite answer than are questions of value. The fourth section thus has sought to delineate the major issues and draw outer boundaries on the answers that might be given to them. But within those boundaries the basic question, to regulate or not to regulate, is left largely unanswered. Legislators and public officials must of course answer it, for they must decide; but indecision in the face of uncertainty is one of the privileges of scholarship.