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.
Politics : Foreign Policy Discussion Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gamesmistress who wrote (5606)6/21/2003 12:35:33 AM
From: D. Long1 Recommendation  Read Replies (1) of 15987
 
That's the fundamental problem with government ventures. Private enterprises are either efficient, or go bankrupt. Government enterprises always need "just a little more money" to be perfect. What's more, the more money poured into a government venture, the less efficient it tends to become.

A British doctor formulated an economic principle after studying the NHS, called Gammon's Law or the Theory of Bureaucratic Displacement. In "a bureaucratic system ... increase in expenditure will be matched by fall in production.... Such systems will act rather like 'black holes,' in the economic universe, simultaneously sucking in resources, and shrinking in terms of 'emitted production.'"

I don't think it is a stretch to say that it applies to education as well.

Derek
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