Re: ECONOMY: The Absurdity of Merchant Account Requirements

From: maxm (maxm@maxmcorp.dk)
Date: Sun Sep 06 1998 - 02:48:19 MDT


From: GBurch1@aol.com <GBurch1@aol.com>

>Rather than continue the dialogue, I counted myself lucky to have gotten
>through the ordeal and left, more confirmed than ever in my opinion that a
>little competition would be a good tonic to most ills of government
>inefficiency.

There is a fundamental "law" about growth in the public sector called
Parkinson law. It says something in the line of: "Every public official will
try to raise his own status by hiring subordinates" The conclusion of that
is that government organs will keep growing.

What is missing is a negative feedback loop.

I once got the idea that there is a need for a new "organ" whos sole
responsibility is to analyze the net worth of the other governement organs
and then cut down on the inefficient ones. That way growth should be kept in
bay. And if this new govt. organ got really big, the rest of government
would be really small.

:-) Problem solved....

Hilsen/Regards

Max M Rasmussen
New Media Director Denmark

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