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public sector |
Also found in: Medical, Financial, Wikipedia, Hutchinson | 0.01 sec. |
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public sector the part of an economy that consists of state-owned institutions, including nationalized industries and services provided by local authorities How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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She also turns her attention to how the institution of slavery and indentured labor affected white households and authority, as well as how freedom significantly increased the number of households after the Civil War and created new forms of state intervention into household authority. Instead of asking for greater state intervention in the medical-services delivery, the author advocates for more emphasis on private savings, and for more market innovation. Working in London in the 1930s, the young Austrian began as a critic of Keynes, but eventually widened his argument to assert that state intervention in society, even in democratic political systems, amounted to a Road to Serfdom (the title of a book he published in 1944). |
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