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Old 12-14-2005, 12:17 PM
sam h sam h is offline
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Join Date: Sep 2002
Posts: 742
Default Re: Free Markets and Prisons

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Fair enough. "Sectors of human interaction" is a pretty large field.

I'll counter with this though: in the vast majority of the "sectors of human interaction" free markets do lead to increased efficiency, and if one were to propose that a specific sector was the exception, they should provide evidence to the point.

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I agree that marketizing many economic sectors has proven to have substantial benefits. And as I said in another post, I don't know enough about the experiences with private prisons to say either way. But I do think that when it comes to core institutions of a society, like the penal or educational systems, it is folly to assume a priori that marketization will provide a more effective solution just because some abstract economic model says it is so. You shouldn't assume anything, and you should just evaluate the empirical evidence. So yeah, evidence should be provided on both sides.
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