"In the beginning was Trump and he looked at the Obama economy, declared it tremendous and created it, and that was the first day."

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Comment by Rodney Roe on September 13, 2018 at 8:42am

Do you mean in this case or generally?  An efficient process is the one that produces a good or product at the least cost (and you might say in this case with the greatest availability.)  Imagine an Heather Bresch (Mylan CEO, EpiPen price setter) operating a toll road or a fire service. It took congress a bit to address the unethical behavior, because they worship free enterprise, but it did happen.  It would not happen without a government.  Maybe that isn't inefficiency in a business sense. 

I once lived near Springfield, Missouri.  A local volunteer fire department charged an annual fee to cover expenses.  One person in the area refused to pay on the grounds that it was volunteer and therefore free.  When his house burned the fire department did not respond.

Comment by Rodney Roe on September 13, 2018 at 8:47am

Springfield, by the way, advertises itself as the buckle on the bible belt (it's the headquarters of the worldwide church of God) and a wonderful place to raise children.  It was then, also, a haven for white supremacists, gun nut jobs, drug trafficing and other wholesome, inspirational activities.

BTW, I went there for work and left as soon as I could get out.

Comment by Rodney Roe on September 13, 2018 at 8:51am

How do you define efficiency?

Comment by moki ikom on October 6, 2018 at 12:32am

"How do you define efficiency?"

one definition-






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