The government can afford to take a long view when it needs to, while a private firm

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“The government can afford to take a long view when it needs to, while a private firm has a shortterm outlook. Corporate officers, for example, typically care about the next 3 to 6 months, not the next 50 to 100 years. Government, not private firms, should own things like forests, which take decades to develop.” Evaluate this view.

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Macroeconomics Private And Public Choice

ISBN: 9780538754286

13th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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