Adam Smith and the Navy

Looks like the U.S. Navy is thinking about taking a more “market-based”
approach to operations:

“…To keep skilled sailors in the service -- which entails
keeping their families happy -- Navy officials put some of those out-of-favor jobs
up for online auction, a la eBay. Among the first to bite was Petty Officer 1st Class
Elishaine Moses. He offered to take a job in Yokuska, Japan, but only if the Navy
was willing to bump up his salary by $350 a month….”