Postcode Lotteries

Steele, Gerald (2010) Postcode Lotteries. Economic Affairs, 30 (3). pp. 90-92. ISSN 0265-0665

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Abstract

Postcode lotteries are meat and drink to journalists. Examples appear limitless and predominantly within state sectors, where they are symptomatic of the ineffectiveness of non-market allocations. With free-market trading, the tendency is for competition to eliminate differences; but that tendency is offset by uneven advances in technologies and provision. As competition eliminates one set of discrepancies, other sets inevitably emerge.

Item Type:
Journal Article
Journal or Publication Title:
Economic Affairs
Uncontrolled Keywords:
/dk/atira/pure/researchoutput/libraryofcongress/hb
Subjects:
ID Code:
55021
Deposited By:
Deposited On:
13 Jun 2012 10:03
Refereed?:
Yes
Published?:
Published
Last Modified:
01 Jan 2020 07:55