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Manhattan Institute Fights Privatization
futureofcapitalism.com
The Manhattan Institute's Nicole Gelinas has a piece blaming privatization for snow-related delays at Britain's Heathrow airport. She writes, "Heathrow's Spanish-owned private-sector operator, BAA, has skimped on its capital investments....BAA had no motive to over-invest for a predictable emergency." She doesn't mention that New York City's non-privatized government roads are in pretty terrible shape. She writes of Heathrow: "The episode shows that government should view an international airport as more of a public-sector loss leader, a role that outweighs its standing as a potential profit center in the eyes of private-sector concessionaires."
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Chris Christie's Xanadu
futureofcapitalism.com
New Jersey's Republican governor, Chris Christie, is going to spend $200 million taxpayer dollars on a Bergen County shopping mall. The Manhattan Institute's Nicole Gelinas has an op-ed in the Newark Star-Ledger calling it "a lapse in judgment, at best." She writes: "here's an idea. Let government stick to what it should do and return any extra money lying around to taxpayers so they can make their own investment decisions."
Read More...
Manhattan Institute Fights Privatization
futureofcapitalism.com
The Manhattan Institute's Nicole Gelinas has a piece blaming privatization for snow-related delays at Britain's Heathrow airport. She writes, "Heathrow's Spanish-owned private-sector operator, BAA, has skimped on its capital investments....BAA had no motive to over-invest for a predictable emergency." She doesn't mention that New York City's non-privatized government roads are in pretty terrible shape. She writes of Heathrow: "The episode shows that government should view an international airport as more of a public-sector loss leader, a role that outweighs its standing as a potential profit center in the eyes of private-sector concessionaires."
Read More...
Chris Christie's Xanadu
futureofcapitalism.com
New Jersey's Republican governor, Chris Christie, is going to spend $200 million taxpayer dollars on a Bergen County shopping mall. The Manhattan Institute's Nicole Gelinas has an op-ed in the Newark Star-Ledger calling it "a lapse in judgment, at best." She writes: "here's an idea. Let government stick to what it should do and return any extra money lying around to taxpayers so they can make their own investment decisions."
Read More...
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Nicole Gelinas
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