Lars P. Syll — Marketization undermining the welfare system

1. Privatization is supposed to reduce cost by increasing efficiency. However, "efficiency" can be increased by trading off effectiveness and reducing quality.

2. The argument about privatization and deregulation generally assumes that there is no distinction between public and private goods, and it often also ignores externalities.

Lars P. Syll’s Blog
Marketization undermining the welfare system
Lars P. Syll | Professor, Malmo University