Cross-posted from Park Privatization
Len Gilroy of the Reason Foundation links my Glenn Beck interview and then goes deep on park privatization issues. Check it out. Potentially the biggest benefit to the public:
Appropriation risk: State parks operating under a concession no longer bear the appropriation risk that we're seeing play out in real life across the country, as parks get axed from state budgets amid rampant state fiscal crises (some examples include California, New York and Louisiana). Really, this is more of a risk that's eliminated, rather than transferred to the concessionaire (see revenue risk discussion above), so revenue/demand risk and appropriations risk are really two sides of the same coin.