Question
Public Choice economists argue that government's waste money because they are subject to lobbying by special interest groups and don't have a direct interest in
Public Choice economists argue that government's waste money because they are subject to lobbying by special interest groups and don't have a direct interest in seeing that the money they spend is efficiently used.
John Quiggan defends a more traditional Keynesian position which argues that the government needs to provide certain services that the private sector can't or won't provide well. Furthermore, he argues that in many instances when government services have been sold to the private sector the consequences have been disastrous in Ontario the climbing toll rates on the 407 toll highway would be one example).
Picking a service currently provided by government (education, health care, public housing, etc.) examine the pros and cons of privatizing one of these government services. In your answer you should outline the basic argument that public choice economists would make and the counter response from Keynesian economists like Quiggan.
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