The broad conclusion from tons of academic research is that private sector does things better than government. In a lot of these cases privatization is the only thing do because (large state projects) require a lot of capital and government entities usually have limited access to capital.
More Quotes from Sam Peltzman:
The whole industry needs to get smaller.Sam Peltzman
Right now, it's the best of both worlds low fares and lots of flights. But that can't last, and everybody who doesn't have a flight available to them in the future will be worse off.
Sam Peltzman
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Based on Topics: Academic Quotes, Capital Quotes, Government QuotesOn October 18, 1941, I suddenly received a mandate from His Majesty to form a new cabinet. This was completely unexpected, and when I was summoned to the Imperial Palace I thought I would be questioned on the army's point of view.
Hideki Tojo
I think music has gone through a period of something very severe, rather radical, rather the way painting did with cubism.
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I worked for a publishing company in Hollywood.
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