Category Archive: benefits of privatization

Oct 05

U.S. Postal Service Lost $5.5 Billion in 2014; Its Average Vehicle Gets 10 M.P.G.

The U.S. Postal Service lost $5.5 billion in 2014 and has lost many more billions over the past decade. Even as global trade, communications and shipping has skyrocketed, the Postal Service can’t operate efficiently. U.S. Postal workers are greatly overpaid. Hundreds, even thousands, apply for every opening. It might be said that the PRIMARY purpose …

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Sep 16

As western societies choke innovation with high taxes and government controls, Asia’s millionaires become world’s richest group

Europe and its colonies–especially British colonies–led the way in global prosperity and innovation between the 1600s and the 1900s. Small governments, constitutional law, and the industrial revolution led the people of the West to lead the world. Now a new report indicates that Asian societies–especially those in southeast-Asian nations that have mostly rejected socialism and …

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Jul 02

An Example of a Society that made itself Wealthy: Singapore

Amidst all the recent news of societies foolishly impoverishing and destroying themselves with socialism, it is always good to point to societies that transformed themselves from poverty to abundance. The country of Singapore was a 3rd world country just two generations ago. Most of its population had no running water and no electricity. Life expectancy …

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Jun 22

An Explosion of Wealth and Prosperity in Latin America? Low Tax Rates are Slowly bringing Latin America into the First World

Even as the West is careening toward socialism and forced redistribution, some Latin American countries are increasingly seen as low-tax havens. And the numbers of wealthy Latin Americans is growing rapidly. A June 21, 2015 story in Yahoo News detailed the fascinating growth of the super rich in Latin America. Mexico and Brazil, for example, …

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Jun 16

Jaguar Range Rover is Already Perfecting Driverless Vehicles, Even as Bureaucrats are Perfecting Near-Total Regulation of Driving.

For years, the government-supremacist movement has imposed ever-greater regulations and controls on car and truck drivers. Waiting periods, background checks, written tests, vision tests, physical examinations, data checks, and all manner of other intrusive inquiries and requirements are part of government driver licensing. Now just as the intrusive state nears a total control of driving …

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May 15

The best railroad infrastructure is built by private hands in the private sector.

Pictured above: the great entrepreneur James J. Hill PRIVATE-SECTOR RAILROAD INFRASTRUCTURE IS GENERALLY SUPERIOR TO GOVERNMENT RAILROAD INFRASTRUCTURE Days ago, a government Amtrak train derailed in Philadelphia, killing at least 8. Almost immediately, central planners and socialists began blaming (nonexistent) “infrastructure cuts” by fiscally conservative members of Congress. (That was before the evidence tended to …

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Mar 21

Decades of Extravagant Spending on Public Education Have Produced Few Good Results

Cato Institute’s Daniel Mitchell describes U.S. spending on public schools in this way: “Never Have so Many Paid so Much to Achieve so Little.” Incredibly, Americans are made to pay more for schooling than the parents of any other society. Yet American students–ranked head to head with students in other countries–perform very poorly. The graph …

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Mar 20

A Private-Sector website that directed consumers to different health-insurance options already existed before the Obamacare website flop

Most of us remember two years ago when the government’s Obamacare website was launched. Americans watched in horror as the website crashed, failed to function and was hacked. At a cost to taxpayers of many tens if not hundreds of millions of dollars. It was a lesson in how government enterprises perform. Of course, ANY …

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Mar 18

Another town eliminates police force, finds that crime drops

The town of New Carlisle, Ohio–just outside Dayton–has eliminated its police force and cut its funding for county sheriffs deputies substantially. Just as with other towns who have done the same, crime has dropped.

Mar 14

A Broken Model of Service Delivery: Gigantic Increases in Government Education Spending Have Had No Positive Impact on Student Performance

Government education is a monstrous failure by any measurement. This graph shows that while government spending in education has increased faster than inflation for decades, ALL MEASUREMENTS OF EDUCATION OUTCOMES–whether SAT scores, standardized-test outcomes, or basic reading or math performances–HAVE SHOWN NO IMPROVEMENT. The graph is from the Cato Institute.

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