October 11, 2009
Britain's Central Planning Death Panels
October 11, 2009
Free Market M.D.
October 11, 2009
Economies of Scale in Compliance
October 11, 2009
Balan's Challenge
October 10, 2009
The Pleasure of Telling Others What to Do
October 10, 2009
Gonick the Great - and How He Could Have Been Greater
October 9, 2009
More Scott Sumner
October 9, 2009
Not From The Onion
October 9, 2009
Thoughts on a Second Stimulus
From the fact that employees had $37000/year, which is kinda twice more than average salary in that business and the fact than it appears that nobody actually tried to bring these salaries to more realistic amounts, it is almost certainly the case of the "planned inefficiency" which is frequently used as a justification for privatization. Basically, the case of stealing public money.