No situation is so bad that government intervention cannot make it worse
State infrastructure projects may be funded by private capital through PFI (private finance initiative) contracts.This week, BBC Radio’s File on Four put great effort into addressing the question: ‘Have taxpayers lost billions of pounds in the secretive resale of PFI contracts?’
Read the full blog post hereSource: http://www.iea.org.uk/blog/no-situation-is-so-bad-that-government-intervention-cannot-make-it-worse
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