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UnEstranAvecVueSurMer:
was the classical distinction between the private sector and government a myth to begin with?
I suggest reading Galbraith's The New Industrial State or Minsky's Stabilizing an Unstable Economy for discussions of how the market mechanism is incompatible with capital-intensive activities. (We're talking about physical capital with long lifetimes)

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Carrie (migeru at eurotrib dot com) on Mon Nov 23rd, 2009 at 07:10:10 AM EST
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