Serious Economists universally agree that some goods are better allocated via markets and others are better managed by state distribution. The distinction generally has to do with the nature of the good being considered. These attributes include things like excludability and rivalry. Public goods are generally regarded as items where state allocation is best suited. […]
Entries from October 2013
I Bet the Post-Mortem Reports are Awesome
October 16th, 2013 · No Comments · Economics
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