SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : THE SLIGHTLY MODERATED BOXING RING
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Solon who wrote (11936)5/3/2002 4:25:01 PM
From: Neocon  Read Replies (1) of 21057
 
I am not criticizing individuals. I am talking about the drift of a "firm" insulated from market discipline or an effective proxy.

Businesses have to convince myriad people that it is advantageous to trade with them. Otherwise, they fail. Public agencies have to convince their patrons in the legislature that they are doing their best to address and issue. Taxpayers are seldom knowledgeable about specific agencies, or in a position to judge their "product". Without competition, even "customers" are complacent. They do not necessarily know they could get better service for less money. Plus, a lot of them are not paying, but are being paid for, so what do they care? In general, the idea that public agencies are on the spot to the same degree as businesses is unfounded.

By the way, I am not a libertarian, and I have defended the public sector against libertarians. Nevertheless, the public sector is, by and large, less efficient and productive......
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News