entrepreneurship, an arcane term in contemporary society which had in the recent past been limited primarily to use in the academic arena, began to gain popular acceptance, and began to be widely misused by political leaders in the promotion of policy objectives, including the deregulation of the airline industry. The term entrepreneur had gained a new credence in describing the personal initiative and creativity of many of the individuals involved in the development of the microcomputer industry in the late-1970s, and politicians and economists of all stripes sought to adorn their pet policies with the entrepreneurship label. All of these factorsùpresidential candidates successfully running against the federal establishment, a widening acceptance of neo-conservative economic ideas, and a renewed fascination with creative individual initiativeùcontributed to the development of an environment favorable to deregulation of industry in the United States, and public sentiment began to grow for deregulation in sever
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