Question

(1) What are the incentives of government bureaucrats who run the water services, the parking services, and airports? Do these incentives differ from those of private companies in running these services?
(2) If a business has terrible cash flow but has assets of value, how does the business avoid bankruptcy?
(3) Why would the general public want government to provide water rather than a private for-profit company?
(4) Why does government do so much more than protecting private property rights?



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  • CreatedSeptember 27, 2014
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