Tuesday, January 27, 2009

Market Pricing

Matt is right here, as is, of course, Mark Kleiman (follow the links), it would be a very good idea for the government to charge market rates for things like runway slots. Currently, the rates that airports using a runway make the use of small private jets more affordable than would the market. Read Matt's and Mark's summary of the issue.

However, I would say that there are a great many things of this same sort that should be subject to more market pricing. I'm thinking of services provided by the federal government such as copyright protection, sharing risk through incorporation, protection of physical and financial assets here and abroad. That kind of thing.

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