The limitations of public-private partnerships

posted by
January 12, 2011
Competitive Enterprise Institute
by Marc Scribner  
Posted in Commentary

"Government at all levels in the United States has been slowly moving away from grand central planning schemes and toward markets. One result has been the rise of public-private partnerships (PPPs). Proponents of these arrangements argue that many of the information and transaction cost problems inherent in government institutions can be mitigated by sharing construction, maintenance, and operational responsibilities with profit-motivated private firms. When the status quo is a government monopoly, PPPs should be viewed as preferable in nearly every case." (01/11/11)  

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