The effect of treating public services as commodities.
(2023)
Journal Article
SPICKER, P. 2024. The effect of treating public services as commodities. Public money and management [online], 44(4) : treating public goods and services as commodities; winners and losers, pages 281-288. Available from: https://doi.org/10.1080/09540962.2023.2240641
Within the frame of orthodox economics, only market allocations can be efficient, and markets can achieve any desired outcome. Public services, however, operate by criteria which are not satisfied by market allocations, including the requirements of... Read More about The effect of treating public services as commodities..