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It seems obvious that governments can run things at a loss in situations where market failures might occur under private ownership.
by __loam 3y ago
It seems obvious that governments can run things at a loss in situations where market failures might occur under private ownership.
- eru 3y agoIf you auction off the right / obligation to run the public option, the private sector can run this just fine. You'd want to allowed negative bids (ie you get paid to run the thing to cover losses), and the bid closest to positive infinity wins.