Explain in your own words the inherent problem of government waste identified by William Niskanen. If this

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Explain in your own words the inherent problem of government waste identified by William Niskanen. If this spending is for services used by the public, why would Niskanen nevertheless label it wasteful? Subsequently, create a counter-example where competition among different government agencies eliminates this problem. Why are Niskanen’s concerns with waste disappearing under competing government agency proposals?

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