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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 504 |
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Whellan uses the black rhinoceros to show us how privatization has the highest level of incentives in this case. Privatization keeps a given market open, and allows the commodity to still be available and protected for the future.
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I found the reading assignment to be very insightful. Not knowing much about economics before this class, I picked up the book “Naked Economics†hesitantly thinking I would be lost in the first couple of pages. As I began to read I found myself actually understanding what I believe to be the basics of modern economics...
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