- Governments are monopolistic, and monopolies (lack of competition) lead to inefficiency. People are less strongly motivated to improve when they have a monopoly.
- Big organizations are difficult to change, and change is needed to continually ensure that they maximize efficiency. Very few organizations can stay efficient over time. Only one Fortunee 100 company from 1900 is still on the list.
- Governments tend to have inefficient policies.
- Governments don't have to be efficient to get money, and Organizations that don't have to be efficient will not choose to be efficient.t
- Very few organizationcanto stay efficient over time.
- Governments don't reward efficiency, and neither do the private sector.
- Governments don't punish inefficiencies, and neither does the private sector. Businesses that aren't efficient go out of business.
Nov 14, 2012
Governments are inefficient
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