OP-ED | The Economics of People, Part II

By Brian O’Shaughnessy, CT News Junkie | July 31, 2013

Government Needs the Private Sector

Government does several things very well. One of those things is excluding the private sector. A goal with perhaps virtuous origins, this policy now breeds silly results.

History is replete with norms indefensible in retrospect. At what point do they transform from accepted to anachronism? When do we say, “That makes no sense?” There are examples that span all facets of life: civil rights (slavery, woman’s suffrage), economics (unregulated security markets), or even fashion (leisure suits). Personally, I would add to this list the cultural aversion of government to the private sector. Full story…

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