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Gammon's Law, or the "Theory of Bureaucratic Displacement" as [[Milton Friedman]] put it, is that in "a bureaucratic system ... increase in expenditure will be matched by fall in production ...," in the words of Dr Max Gammon.  Dr. Gammon came to this conclusion based on his review of the British National Health Service.

'''Gammon's Law''', or the "Theory of Bureaucratic Displacement" as [[Milton Friedman]] put it, is that in "a bureaucratic system ... increase in expenditure will be matched by fall in production ...," in the words of Dr Max Gammon.  Dr. Gammon came to this conclusion based on his review of the British National Health Service.

Gammon's Law predicts that bureaucracies will become like "[[black holes]]" that absorb scarce resources while producing less and less.

Gammon's Law predicts that bureaucracies will become like "[[black holes]]" that absorb scarce resources while producing less and less.

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[[Category:economics]]

[[Category:Economics]]