Government Ownership v. Private Ownership of Railways in Canada
نویسندگان
چکیده
منابع مشابه
State versus Private Ownership
Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs must be strong. In essence, this is the case for capitalism over socialism, explaining the "dynamic vitality" of free enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on the role of prices under social...
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In 2003, the world celebrated the fiftieth anniversary of the elucidation of the structure of DNA and, thus, the birth of molecular biology. As this period is now a part of human history, original documents from the founders of molecular biology are becoming increasingly important to scholars, and are being harshly fought over by public libraries and private collectors. Private correspondence, ...
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Many people have noted that the Government keeps buying software−intensive systems that are often quite similar to each other. A recent article in Crosstalk1, for example, listed a large number of different systems in the DoD C4I application area that performed essentially the same functions. Several DoD sponsored studies, most notably one done by the Air Force PRISM program, have shown that 70...
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Government ownership may dominate private ownership under government failure. Such dominance disappears as product markets grow mature, giving rise to the need for privatization. Buyers’ limited wealth imposes a constraint on how and when privatization takes place. In particular, firms may be underpriced during privatization, and privatization may take place at a sub-optimal timing which result...
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Income tax is one of the most important costs of companies and it is usually considered as a cost that should not be paid. One of the most noticeable and influential factors in tax avoidance is corporate ownership structure. With an emphasis on institutional ownership and its types in this paper, it is attempted to measure the effect of this ownership and its types on corporate tax avoidance. F...
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ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 1917
ISSN: 0022-3808,1537-534X
DOI: 10.1086/252944