All Posts Tagged With: "privatization"
The Problem with Privatization
If the goal is efficiency in delivering the goods, private ownership is a necessary but not a sufficient condition.
26Jan2012 | Steven Horwitz | 27 comments | ContinuedThe TSA Makes Us Safer?
We both have contributed to the debate about the Transportation Security Administration (TSA) since the furor erupted over the new “enhanced pat-downs” and backscatter scanners, which some call “porno scanners.” This debate has shown how few are the real defenders of liberty, since even the “liberal” media have lined up with the government. The debate [...]
24Feb2011 | and Steven Horwitz | 2 comments | ContinuedWhat Economic Freedom Indexes Leave Out
In a syndicated column last October, television journalist John Stossel lamented the downgrading from sixth to eighth place—“behind Canada!”—of the United States on the Heritage Foundation/Wall Street Journal Index of Economic Freedom. The Index is based on several metrics, including freedom of movement of capital, the degree of business regulation, and levels of taxes and [...]
24Feb2011 | Kevin A. Carson | 6 comments | ContinuedThe Dark Side of Privatization
Instapundit writes: “If the parking meter deal put a bad taste in your mouth, try swallowing this: Chicago is considering leasing its water system to help fix the budget.” Privatization for efficiencies might be a good thing, but that’s not what this is about. Mayor Daley can’t stop paying off his cronies, so he’s selling [...]
26Oct2009 | Mike Van Winkle | 6 comments | ContinuedThe Subsidy of History
A considerable number of libertarian commentators have remarked on the sheer scale of subsidies and protections to big business, on their structural importance to the existing form of corporate capitalism, and on the close intermeshing of corporate and state interests in the present state capitalist economy. We pay less attention, however, to the role of [...]
1Jun2008 | Kevin A. Carson | 16 comments | ContinuedScandinavian Irony: Socialism Meets Liberalization
Scandinavia is in the midst of an economic transformation. Thanks to tax reform, openness to investment/trade, sound property rights, little corruption, and continuing efforts to privatize, economies there have made great strides toward liberalization. Denmark, Finland, Iceland, and Sweden have been rated “free” economies by the Heritage Foundation’s 2006 Index of Economic Freedom (online at [...]
1Sep2006 | Sara F. Cooper | 22 comments | ContinuedInstitutions and Development: The Case of China
James Dorn (jdorn@cato.org) is a China specialist and vice president for academic affairs at the Cato Institute. He is coeditor of China’s Future: Constructive Partner or Emerging Threat? (Cato Institute, 2000). An earlier version of this article appeared in Vital Speeches of the Day (November 15, 2005). From a liberal perspective the goal of economic [...]
1Jun2006 | James A. Dorn | 0 comments | ContinuedAbolishing Social Security–Through REAL Privatization!
If the revenues from the sales of government lands and the accompanying mineral rights were to come even close to their current estimated market values, their privatization would equal the projected present value of all Society Security obligations over the next 75 years.
1Sep2005 | Richard M. Ebeling | 0 comments | ContinuedPrivatizing Airline Safety and Security
The events of 9/11 underscore the importance of improving the safety and security of air travel. The government’s response to the terrorist attacks employs a command-and-control approach. That approach ought to be questioned. After all, it was the Federal Aviation Administration’s system that failed on 9/11. Why should we expect additional controls to be more [...]
1Nov2002 | and Paul A. Cleveland | 3 comments | ContinuedWhy the Poor Need Property Rights
Early in the morning the streets below my flat would become a beehive of activity. Small stands were scattered everywhere, cramming every available inch of sidewalk. Small bundles of bananas, packets of tomatoes, or potatoes were for sale. Newspaper vendors grabbed the busy corners. Hawkers with every imaginable product had set up business. As the [...]
1Oct2002 | James Peron | 0 comments | ContinuedA Privatization Revolution in a Most Unlikely Place
When Mount Nyiragongo suddenly gushed red hot lava down its southern slope and destroyed the town of Goma in the Congo last January, hundreds of thousands of refugees poured into tiny neighboring Rwanda. It was the first time since 1994 that Rwanda had been on the front pages in America, and most of the stories [...]
1Jun2002 | Lawrence W. Reed | 1 comment | ContinuedTime for the Mail Monopoly to Go
Scott Esposito is a recent graduate of the University of California, Berkeley, earning degrees in economics and political science. In 1775 the Continental Congress named Benjamin Franklin head of the newly created federal post office with the hopes that it would help bind together the emergent confederation.1 Although the confederation failed, the post office didn’t, [...]
1Feb2002 | Scott Esposito | 10 comments | ContinuedHuman Action
Hillsdale College Press · 2000 · 305 pages · $9.95 paperback Reviewed by Bettina Bien Greaves For years Hillsdale College has published annual anthologies in honor of Ludwig von Mises. In the beginning these were slim volumes, consisting only of addresses made at the college by visiting dignitaries. Since Richard Ebeling joined Hillsdale’s economics faculty [...]
1Oct2001 | Bettina Bien Greaves | 0 comments | ContinuedThe Steps to Economic Freedom
Christopher Lingle is a visiting professor of economics, ESEADE at Universidad Francisco Marroquín in Guatemala. Many Latin American countries suffered for decades under a form of homegrown despotism. The accompanying repression of political liberties left a legacy of far-reaching state intervention, widespread corruption, persistently high rates of poverty, and slow economic growth. Emerging market economies [...]
1Jul2001 | Christopher Lingle | 1 comment | ContinuedThe Miracle of Privatization
When I was a small boy I used to bicycle in the hills of northwest England where Derbyshire and Cheshire meet. In the distance I could often see glimpses of water, but all roads to it were blocked by locked gates and signs reading “Public Property: Keep Out.” Today, following the privatization of the water [...]
1Sep2000 | John Blundell | 1 comment | ContinuedTechnology, Progress, and Freedom
Edward Younkins is professor of accountancy and business administration at Wheeling Jesuit University in Wheeling, West Virginia. Technology represents man’s attempt to make life easier. Technological advances improve people’s standard of living, increase leisure time, help eliminate poverty, and lead to a greater variety of products. Progress allows people more time to spend on higher [...]
1Jan2000 | Edward W. Younkins | 1 comment | Continued-
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