IN DEFENSE OF ASSET MANAGEMENT THE PRIVATIZATION COMPONENT
RICHARD L. STROUP
The federal government owns one-third of the nation's land, a small fraction of which is being selected and prepared for sale. Even this small amount, however, will comprise several million acres and will yield several billion dollars in revenue for the U.S. Treasury. But the President's Asset Management Program will do more than raise revenue: It will increase the efficiency with which the lands me used and will distribute those increased benefits more broadly among all citizens, resulting in net gains in efficiency and equity. As its title suggests, the program is aimed at improving the management of the nation's real property assets-super-1 Copyright 1984 Western Economic Association International.
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