Donald Roy on Nostr: npub1g0tuf…3tvm4 What the effect will be depends on whether efficiency savings in ...
npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4)
What the effect will be depends on whether efficiency savings in public services are possible. There is more than one view on this. In the left corner there are those who interpret the late and great #williambaumol to mean that there is no scope whatsoever to increase productivity - which is rather stronger than what he actually said. In the right corner are the sort of folk who once expected an #nhstrust I had dealings with to achieve a 10% efficiency saving in a year!
What the effect will be depends on whether efficiency savings in public services are possible. There is more than one view on this. In the left corner there are those who interpret the late and great #williambaumol to mean that there is no scope whatsoever to increase productivity - which is rather stronger than what he actually said. In the right corner are the sort of folk who once expected an #nhstrust I had dealings with to achieve a 10% efficiency saving in a year!