
Throwing in the Towel
I am not the world’s greatest negotiator. If I were, I would be rich. I have however learned one thing in life. Negotiating in the government sector is not like negotiating in the private sector. Every deal in the private sector is a win/win deal (or at least it is perceived to be so at the time the deal is made). It has to be win/win, since both sides enter into the deal voluntarily. Yes, any person wants to get the best deal possible, but in the end, both sides have to get something for the deal to be consummated. That is why voluntary transactions are preferable. By definition, if both sides perceive themselves to be better off from the deal, the result to society is a net positive, all of the time.
Government deals, however, are win/lose, or maybe even lose a little/lose a lot. The only reason government intervention is necessary is when one side or the other thinks they will lose something from the deal. If they are going to lose in the deal, they have to be forced to enter into it, and government is the only party that has the right to use force to require people to interact. Since the best that a deal can be with government intervention… Read More