Government success

Government success is a concept within economic theory describing when the allocation of goods and services by a government is efficient. However, in the absence of consumer choice, there is no way to determine whether the government is producing anything that people truly value. One proposed method to solve this problem is to implement tax choice.

Zitat

It’s very difficult indeed to work out what government spending is actually worth: for as we’ve not a choice in it then there’s no market price nor accurate valuation from the people who actually get whatever is produced. - Tim Worstall

See also

• Boondoggle (project)
• Bridge to Nowhere
• Guns versus butter model
• Malinvestment
• Moral hazard
• Opportunity cost
• Principal-agent problem
• Put Your Money Where Your Mouth Is Act
• Rent-seeking
• Regulatory capture
• Tilting at windmills
• X-inefficiency