POLS 2250 Lecture 3: 2250 lec 3.docx
Document Summary
Lecture 3: no area of the economy is immune from government influence through policies and regulations, examples: power price, environmental health and safety regulations, the more governments do, the more negatively they are viewed, public > private in rankings by society such as emergency services > banks, role of government, crown corporation versus government departments. Not bound by rules of pay and promotion and have more flexibility therefore there is greater freedom and this leads to hiring better people creating better service: business and corporations tend not to like state ownership, size and growth of government, growth of more citizens and inflation requires a growth in expenditure, growth and expansion of welfare state.