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That is literally how it works. Opportunity cost is only a thing if the private market is willing to capture the excess productive capacity, which it usually is
by amrocha 3y ago
That is literally how it works. Opportunity cost is only a thing if the private market is willing to capture the excess productive capacity, which it usually isn't. And even then, government has access to levels of scale where they can always be the most efficient employer. Think about the value of building infrastructure vs anything else.