Jökull Auðunsson

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Fear of government failure has convinced many governments that they should emulate the private sector as far as they can. The premise here is that government is inevitably prone to corruption and laziness because agent and principal are too close to each other. It is essential, therefore, to make public services more ‘efficient’. From the 1980s onwards, private-sector measurements of efficiency were applied to the public sector and in the process ‘marketized’ government.
The Value of Everything: Making and Taking in the Global Economy
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