How Paying a Price Can Cut Your Costs
In a market economy, prices communicate information, helping to shift resources to more efficient uses. Government can take advantage of this through a shared services...
In a market economy, prices communicate information, helping to shift resources to more efficient uses. Government can take advantage of this through a shared services approach, in which support functions charge agencies for their services.
In their column, Jonathan D. Breul and John Kamensky show how paying a fee for shared services can actually reduce overall costs for government.
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