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Unformatted text preview: Public sector- govt. Remember: 1. No such thing as govt. be more efficient 2. Sometimes best govt. not be efficient 3. You can never have efficiency & reliable-No such thing as efficient & reliable system- closest attempt- student loans You want govt. to control- research & technology Ex. Internet- creation of Dept. of Defense-Want b/c not worried about profits Privatized garbage collection- better b/c incentives US Const. purposely designed to be inefficient however never fail you...
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- Spring '07