He ' s just gonna edit the book to say ' fuck DD ' when it comes out anyway . <| sep |> I ' m no expert , but economic theory says that competitive markets maximize welfare , which is why you ' ll see most economists argue that to a very large extent market mechanisms are preferred to government intervention . Usually government intervention will lead to a decrease in total welfare , but it might be beneficial to some actors . I mean to consumers agricultural subsidies are good , but might not be good overall ? The thing is though in competitive markets prices are driven down and firms become more productive , because if they don ' t they will fail . This will not happen to a public initiative . Government run healthcare in Denmark are not in danger of failing and therefore they do not experience the same pressure to reduce costs , increase efficiency and innovate as do the privately owned hospitals in Switzerland . I think that some public institutions can be managed better than some private businesses , but it is the mechanisms of the market that leads to an evolutionary process that increasingly increases the productivity of private firms . However , I must admit that I do not have any hard , scientific data to support this claim .