In the context of economic development programs, governments do invest in businesses and do routinely try to pick the winners in the private sector. This is not because government decisions are clairvoyant or fair. It is because governments have no choice but to make those decisions. read more
Ukraine doesn’t need Russia to take it down—Kiev is doing fine destroying itself, most recently with a new tax code that doubles taxes for private gas producers and promises to irreparably cripple new investment in the energy sector at a time when reform and outside investment were the country’s only hope.
When they do we see scandals like the VA. What the left will tell you is that’s an exception. That the government can run health care vastly better than the private sector because it knows how to control costs. For example: NHS doctors are prematurely ending the lives of thousands of elderly hospital patients because [...]
The United Nations' (U.N.) human rights office released a report today blasting the growing "de facto coercion of private sector companies" to do governments' surveillance bidding. From the report: There is strong evidence of a growing...Show More Summary
Local governments paying tax money to lobbyists to influence state lawmakers is so rampant that they now spend more on lobbying fees than do pharmaceutical companies, health care companies, and banks. According to the San Bernadino Sun, government-on-government lobbying is the most prevalent form of lobbying in the California state Legislature. Show More Summary
The news that Ofsted has plans to take over the inspection of independent schools is extraordinarily sinister. Why do this? UK independent schools are ranked as the best in the world. Ofsted may be a brilliant organisation, but no-one can say that after years in control it has managed to make English state education the [...]
Do you know what makes us crazier than not having enough food? Wasting it! Waste isn't just happening on a private level; it is happening by the ton in the public sector, and it's horrifying.
With the launch of Apple's new environmental initiative, the world is once again buzzing with comments, critique and speculation on what the world's biggest brand is doing. Apple's bold move is an impetus for the private sector to move in the same direction. Show More Summary
By Harlan Levy: Natalie Trunow is senior vice president and chief investment officer, equities at Maryland-based Calvert Investment Management. Harlan Levy: What do the March surge in new private sector jobs and the lackluster performance...Show More Summary
Can you do good and do well? This is the driving question for impact investors - those who want their dollars to both provide a reasonable return on their investment and make the world a better place. By some estimates, in the next 30 years, there will be as much as $6 trillion of private money looking to be deployed in this way. Show More Summary
Kathleen Hickey of GCN.com reports, “NASA’s OpenNEX is one of the latest federal research projects moving to the cloud to improve collaboration with the academic, public and private sectors. In doing so, the space agency is using Amazon...Show More Summary
One of the things that you don’t hear much about when it comes to individual privacy is how great an enemy of it the private sector is. So many people are so worried about what the government is doing or might be doing that they ignore what private businesses are already doing. One of the [...]
Here’s Paul Krugman describing the effects of recent fiscal policy in the US: And to do this when the private sector is still deleveraging and interest rates are at the zero lower bound is just awesomely destructive. It is true that Krugman suggested the fiscal austerity imposed in the US in 2013 would be awesomely [...]
More than two thirds of CEOs (67 percent) believe that business is not doing enough to address global sustainability challenges, while the same percentage report that the private sector is not making sufficient efforts to address global sustainability challenges, according to a survey by the United Nations Global Compact and Accenture. Show More Summary
Thanks to the government shutdown, there's no government economic data, which is going to make it harder to get a read on what the shutdown is doing to the economy. Fortunately there's a slew of data collected by the private sector, whether it's the ADP Jobs Report or the ISM Manufacturing surveys. Show More Summary
The Obama political machine is ruthless. It is a force that drives to coerce, extort, bully and suppress the opposition while simultaneously seizing power in a manner with the ruthlessness reminiscent of Michael Corleone dispatchingShow More Summary
This is what happens when we start relying on the private sector for all of our space exploration — rich people do all kinds of crazy shit. Currently, thanks to an investment by NASA engineer-turned-multimillionaire Dennis Tito, engineers...Show More Summary
The second anniversary of the Japanese earthquake and tsunami is quickly approaching, and the country—public and private sectors alike—is doing everything it can to be prepared for the next disaster. Simply being prepared for the worst...Show More Summary
There are few aspects of life more thoroughly dominated by government than education. This is particularly true of educational innovation. Innovative programs and materials do often come from the private sector, but they are adopted only if government supports them.
Remember when President Obama was justifiably criticized for saying that the private sector was “doing fine” last summer when tens of millions of...