Day: May 3, 2012

The principal meaning of freedom is to have the reward of one’s own industry. However, taxes take some of that reward away from people. Through one kind of tax or another, government takes a bit out of everyone’s earnings. This means everyone is forced to devote a

Only when public enterprises are privatised, do the deficiencies of state ownership and government management and control become apparent. The monograph, Privatisation: A UK Success Story, provides examples of the difficulties that were being experienced by nationalised industries in the UK.

Political Interference

Political involvement in the functions of monopoly state industries