TOWARD A POLITICAL ECONOMY OF GOVERNMENT WASTE: FIRST STEP, DEFINITIONS

STANBURY, WILLIAM

PUBLIC ADMINISTRATION REVIEW, n.º 5/1995, pág. 418

1. Waste must, instead, be measured against technologically, economically, and politically feasible alternatives. In other words, waste is the difference between what we get on average and the best we can get in practice. 2. It is not hard to find instances of allocative inefficiency in government or to identify some fairly common parbologies that induce them.