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How Would a Pragmatist View the Notion of Private Prisons

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How would a pragmatist view the notion of private prisons?


Definitions:

Discount

A reduction from the usual cost of something, often applied to prompt payments or for certain groups of people like students or seniors.

Issue Price

The price at which new securities are offered to the public by an issuer.

Present Value

Today's value of a future financial sum or series of payments, calculated with a certain return rate.

Market Rate

The current price or interest rate of goods, services, or securities in the marketplace, determined by supply and demand forces.

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