How to save the Postal Service

The recent news that the U.S. Postal Service will be dropping Saturday mail service punctuates how dire the financial situation of the USPS has become.  This morning, AEI visiting scholar R. Richard (Rick) Geddes testifed on “Solutions to the Crisis Facing the U.S. Postal Service” before the U.S. Senate Committee on Homeland Security and Government Affairs.  He argued that achieving sustainability for the USPS is possible without relying on heavy burdens to the taxpayers if two key reforms are enacted: de-monopolization and commercialization.

His full testimony can be found here.

“The postal sector in the United States can become a vital, innovative, and sustainable part of the economy. For this to occur, however, it is imperative that the U.S. postal sector be liberated from its government-owned, monopoly structure.” – R. Richard Geddes, AEI

Contact [email protected] (202.862.5829) to set up an interview.

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About the Author

 

R. Richard
Geddes
  • Rick Geddes is associate professor in the Department of Policy Analysis and Management at Cornell University. His research fields include private infrastructure investment through public-private partnerships, postal service policy, corporate governance, women's property rights, and antitrust policy. He is a Research Associate at the Mineta Transportation Institute, and a visiting scholar at the American Enterprise Institute. He was a Fulbright Senior Scholar at Australian National University in Canberra in the fall of 2009, and a Visiting Researcher at the Australian Government's Productivity Commission in the spring of 2010. His research focused on Australian public-private partnerships in both positions. Geddes teaches courses at Cornell on corporate governance and the regulation of industry.

    In addition to his teaching and research at Cornell, Geddes served as a commissioner on the National Surface Transportation Policy and Revenue Study Commission, which submitted its report to Congress in January 2008. He has held positions as a senior staff economist on the President's Council of Economic Advisers, Visiting Faculty Fellow at Yale Law School, and National Fellow at the Hoover Institution at Stanford University.

    In 2008, Geddes received the Kappa Omicron Nu/Human Ecology Alumni Association Student Advising Award. His published work has appeared in the American Economic Review, the Journal of Regulatory Economics, the Encyclopedia of Law and Economics, the Journal of Legal Studies, the Journal of Law, Economics, and Organization, the Journal of Law and Economics, the Journal of Law, Economics, and Policy, and Managerial and Decision Economics, among others.

  • Email: [email protected]

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