Public Goods - Econlib

Public Goods - Econlib

Public goods have two distinct aspects: nonexcludability and nonrivalrous consumption. “Nonexcludability” means that the cost of keeping nonpayers from enjoying the benefits of the good or service is prohibitive. If an entrepreneur stages a fireworks show, for example, people can watch the show from their windows or backyards. Because the entrepreneur cannot charge a fee […]

The public only thinks it likes low inflation - Econlib

Private affluence, public squalor, high taxes - Econlib

Why Libertarians Should Oppose the Universal Basic Income

The Simple Economics of Public Toilets - Econlib

Letting Charities Be Political: An Economic Rationale for a

Econlib Archives - Page 321 of 348 - Liberty Fund

Where Is the Free Market Utopia?: News: The Independent Institute

Markets, State, and People: Economics for Public Policy - Bennett

President Biden's Scheduling Directive Is a Game Changer

Econlib Archives - Page 75 of 357 - Liberty Fund

Social Contract, Free Ride: A Study of the Public Goods Problem

Thinking About the Economy of the Future - Econlib

Michael Munger on the Perfect vs. the Good - Econlib