This book assembles the work of 15 scholars, transit managers, and labor relations experts whose in-depth examination of this critical subject focuses on the economics of transit matters, the possible alternative modes of urban transit, and the economic and political problems of implementing changes. The authors conclude that private free market forms of transit have the only reasonable chance to solve urban transit problems, and they offer policy alternatives that challenge the current public failure of monopolized transit systems. This book provides a comprehensive discussion of the evolution of public transportation problems and policy responses, drawing extensively from documented cases throughout the country. It is a sourcebook of workable remedies to effect consequential and imperative changes in this increasingly crisis-prone issue.