[Dottore]

Efficient market?

Go to business school and study the insurance industry. If there is a less efficient market - I'm not sure what it is.

In my neck of the woods they have privatized power, public transport and telephones. All are are now inefficient and expensive - when the used to be efficient and cheap.

Watch CNN for an hour. Then switch to BBC for an hour. Then tell me about the virtues of privatization.