Who Should I say “Arigatou1”？

Asian Resource Bank Meeting Special Issue Bimonthly e-mail newsletter Year 3,Issue #2,March 31,2006

The public goods supplied by thegovernment is considered to be lacking in efficiency under individual transactions that stem from the private property.  This is the market failure. The point is that the sovereignty never engages in trade of each and every public goods just as the stockholders take no responsibility for each and every trade operated by the company. The shareholders will contribute to the selection of the reliable managers. In the same argument, the sovereignty must contribute to the selection of reliable administrators who have ability to perform well with our taxes.The accounting in the area of business clarifies managers’ ability to keep their promises, which is  essential to evaluate the managers’ merit of the compliment “arigatou.”  Government accounting must also help clarify the ability of the administrators of their management and better evaluate their merit of receiving taxpayers’ compliment. Good and capable administrators should carry operation of the government within the given resources. Tax increase should be unnecessary in any case. The unskilled administrators will, on the contrary, not only perform poorly but will also waste the resources even with the increased taxes. The unskilled administrators do not deserve to handle operations from taxes.The public goods supply that resulted in persistent market failure will enter upon a new stage by reevaluating the administrators' worth in receiving the compliment, “arigatou” by the taxpayers.