The problem with this kind of thinking is that the the private sector wants to extract the maximum profits possible.
Over time it has become clear that this does not lead to efficiency and low prices. Instead it leads to efficiency and higher prices and higher profits.
Services for the public good should not be profit centers. If you can’t see that from US health care and Texas power utilities, then I don’t even know what to say anymore.
The problem with this kind of thinking is that the the private sector wants to extract the maximum profits possible.
Over time it has become clear that this does not lead to efficiency and low prices. Instead it leads to efficiency and higher prices and higher profits.
Services for the public good should not be profit centers. If you can’t see that from US health care and Texas power utilities, then I don’t even know what to say anymore.