Governments in Texas duplicate many of the commercial services sold by the private sector; for use in their own operations and sold to taxpayers. State and local governments are now in the business of selling electric power, providing internet service, processing solid waste, operating toll-roads, running print shops, managing vehicle fleets, dispensing information technology, and vending a plethora of other services. It is estimated government competition accounts for nearly $20 billion dollars annually, the equivalent of three percent of the gross state product. The business of government has disastrous impact on the state economy and all taxpayers.
Water Markets in Texas
Texas water law should be updated to embrace free market transactions that have been incorporated into other Texas statutes governing markets such as electricity, telecommunications, and insurance. Key points: The best instrument for optimizing allocation of scarce water resources is the exercise of private property rights in a competitive marketplace, otherwise known as a water...