Imagine that back in the day, the U.S. government had contracted postal services out to a private company rather than setting up its own “public” agency. Today the U.S. Postal Corp. would have officers, directors, and employees who were not on the government payroll. They would be paid from the money raised by selling its services to the public and the government. Would things be essentially different from how they are today? I think not. Regardless of appearances, the U.S. Postal Corp. would be a de facto government agency. The government could use various methods to guarantee its...
TGIF: Let’s Stop the Merchants of Death
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