Published management accounts create a competitive market for the prison contract

Evidence

After such publication, whom should I have then? I should have every body; every body who, by fortune, experience, judgment, disposition, should conceive himself able, and find himself inclined, to engage in such a business; and each person seeing what advantage had been made, and how, would be willing to make his offer in proportion. What situation more favourable for making the best terms? — Jeremy Bentham, The Panopticon Writings, 183

Categorization

• XREF: Bentham’s market-discipline logic anticipates modern open-data and competitive-bidding governance arguments.