Season 1 · Episode 83
Carillion, another public sector outsourcing disaster
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
January 16, 201822m 54s
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Show Notes
The collapse of Carillion is down to poor management but, as Phil Dobbie discusses with Prof Steve Keen, it’s also down to a company that took risks because it was raking in so much money from the public sector. In this discussion they look at where you draw the line between government insourcing and outsourcing. The problem is, says Steve, governments have lost the expertise to know what to outsource and when. It’s the blind buying from the greedy.
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