For the new edition of this classic book Professor Bagwell has included an examination of transport developments since 1974 and particularly the radical changes in policy introduced by Thatcher governments since 1979. The inclusion of a large number of maps, tables and figures, and contemporary illustrations of principal modes of transport enhances the reader's understanding and enjoyment of the text. ‘The most comprehensive, detailed and up-to-date book on the subject.' - ‘Full of apt and revealing examples which bring alive and make more readily intelligible the fundamental economic arguments.' -