TITLE

Of Snags and Lights

AUTHOR(S)
Rickenbacker, William F.
PUB. DATE
February 1983
SOURCE
National Review;2/4/1983, Vol. 35 Issue 2, p121
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article argues against the nationalization of lighthouses in Ireland. Supporters of government-control of lighthouses argue that private enterprise cannot supply and manage lighthouses. To illustrate their point, they give examples of how disaster might occur if private enterprises run lighthouses. However, a similar situation occurred during the term of former U.S. President Franklin Pierce and his response to the issue showed that the market can take care of itself even if the government left it alone. Hence, the economic rationale for the nationalization of lighthouses in Ireland breaks down. What is left is the reason that nationalizing lighthouses conforms to a plan designed by expert.
ACCESSION #
6057271

 

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