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February 28, 2005
Private, Public Prison Cocktail, shaken not stirred
Though anti-privatization in theme, this NY times piece sheds light on the manipulation that the left is imposing on the term "privatization." When broad socialized services privatize small aspects of their operations they're typically just cutting costs. The extent of these costs are difficult to calculate, as is the nature of socialized provisions. The important thing to note is that costs in this arena are more than just obvious tax dollars but quality services as well. But how are quality services to be quantified in an industry with no direct customer base? Mises' socialist calculation debate rings true.
Posted by djdamico at February 28, 2005 4:37 AM