Many economists would argue that private companies are likely to be more efficient than the government at
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Many economists would argue that private companies are likely to be more efficient than the government at operating airlines. Yet many economists would also argue that there is a valid reason for government to regulate the safety of those same airlines. Can you explain why the government might be good at ensuring safety, even though it might not be good at operating the airlines?
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Related Book For
The Economics of Public Issues
ISBN: 978-0134018973
19th edition
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
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