The Woodlands (Texas) is one of the best examples of success in a public-private partnership between the US Department of Housing and Urban Development (HUD) and a private firm. Developed as a New Town by Mitchell Energy & Development Corporation, The Woodlands has flourished and created a...

A confrontation with the blurred meaning of “public management” and “New Public Management” NPM is indispensable before trying whether there is an impact of such concepts on civil service regimes. Contrary to conventional wisdom, the division of public employees between “civil...

The paradigm of NPM, like its forerunners, has been trying to answer the same question for almost twenty years: how to implement policies, strategies, programs and projects, using the market-type mechanisms, so that the institutions of the state could achieve the desired results. The praises and...

In many cases, the expected efficiency advantages of public-private partnership (PPP) projects as a specific form of infrastructure provision did not materialize ex post. From a Public Choice perspective, one simple explanation for many of the problems surrounding the governance of PPPs is that...

Investing the Social Security Trust Fund in a well diversified portfolio of stocks, bonds, and other investments remains the best hope of continuing to fund social insurance without substantially raising taxes or reducing benefits. The problem with investing the Trust Fund in the market is the...