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Mercers’ School Memorial Professor of Commerce Michael Mainelli

Mercers’ School Memorial Professor of Commerce Michael Mainelli. Goldilocks Government and the Market: Not Too Little, Not Too Much, But Just Right. Outline. Magic beancounters Public, private or in-between? Contracting with the people Global contracting The Government Optimeter

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Mercers’ School Memorial Professor of Commerce Michael Mainelli

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  1. Mercers’ School Memorial Professor of CommerceMichael Mainelli Goldilocks Government and the Market: Not Too Little, Not Too Much, But Just Right

  2. Outline • Magic beancounters • Public, private or in-between? • Contracting with the people • Global contracting • The Government Optimeter • The Competition Optimeter • The Community Optimeter • Do you really, really believe in smaller government – the Bear-est recipe? “Get a detailed grip on the big picture.”Chao Kli Ning

  3. Magic Beancounters

  4. Public, Private Or In-Between?

  5. Government In The Economy

  6. General Government Expenditure As % GDP 1901 to 1998 [Source: Office of National Statistics]

  7. Federal Spending As % of GNP/GDP1799 to 1997 [Vedder and Galloway, 1998]

  8. Contracting With The People

  9. Global Contracting

  10. The Government Optimeter

  11. The Competition Optimeter

  12. The Community Optimeter

  13. A Lack Of Locality [Jenkins, Big Bang Localism, 2004]

  14. Do You Really, Really Believe In Smaller Government – The Bear-est Recipe? • Giving communities real power • Re-mapping political positions on more than one dimension • Developing better metrics of government, competition and community

  15. Discussion • Is a single measure of optimal government scale impossible? • Can more local democracy help keep overall government slim? • What other forces can help control the scale of government? “Get a big picture grip on the details.”Chao Kli Ning

  16. Goldilocks Government and the Market Thank you!

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