tag:blogger.com,1999:blog-4169740113013066976.post9190802199425065964..comments2024-02-10T12:12:06.028+00:00Comments on The Real Blog: The many meanings of 'choice'David Boylehttp://www.blogger.com/profile/11410159311875228620noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4169740113013066976.post-6226754031649392732013-11-14T00:47:07.085+00:002013-11-14T00:47:07.085+00:00The key missing element in all the various definit...The key missing element in all the various definitions and discussions of "choice" in public services is that none of them work unless you have an appropriate level of excess capacity.<br /><br />The "free market" manages this by an ongoing rotation of firms entering and leaving the market. But this model of "Startups and Bankruptcies" poses a number of difficulties for a public service. Not least of which is that even this method of creating excess capacity costs more money than an administered service.Anonymousnoreply@blogger.com