As President Barack Obama and the federal government go hog wild in terms of economic intervention, state and local governments are running record deficits despite massive increases in revenue over the past decade.
At the same time, many government agencies are moving ahead with large- and small-scale privatization programs to cut costs and improve services. During Reason Weekend, Adrian Moore and Leonard Gilroy gave a detailed overview of trends in privatization and the massive benefits privatization holds for government and taxpayers alike.