MGT 330 UMB Iraq For Sale The War Profiteers 2006 Documentary Review Discussion

Question Description

In discussing the film Iraq for Sale(https://www.youtube.com/watch?v=pYa_3oh1-s4), please discuss the following:

I. Analyze the privatization of the war:

You must use two concepts regarding government failure, market failure or neo-classical economics that we have discussed in class, in your blog.

For example, how might the privatization of the war in Iraq be an example of rent-seeking, principal agent failure, monopoly, or absence of regulation? If there is a different market or government failure, please discuss.

You are to define the term that you choose. Then discuss how this took place in the privatizing of the war.

Did you know about these aspects of the Iraq War? What surprised you ? What outraged you?

Do you have any policy proposals?

What could government have done differently?. Is there a policy proposal that you could make to correct some of the failures of the privatization of the Iraq War? What policy changes might you implement if you were in charge?

Minimum 250-300 words.

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