the usual story is that Governments provide public good because Markets can’t, but maybe Markets can’t because Governments have secured a monopoly on them?
The standard example of a public good is national defense. In that case, you’re probably right that the market can’t provide it, since it would be viewed in competition with the government military, and therefore would probably be seen as a threat to national security.
For other public goods, I’m not sure why the government would have a monopoly. Scientific research is considered a public good, and yet the government doesn’t put many restrictions on what types of science you can perform (with some possible exceptions like nuclear weapons research).
Wikipedia lists common examples of public goods. We could through them one by one. I certainly agree that for some of them, your hypothesis holds.
the usual story is that Governments provide public good because Markets can’t, but maybe Markets can’t because Governments have secured a monopoly on them?
x-post: https://www.facebook.com/mati.roy.09/posts/10159360438609579
The standard example of a public good is national defense. In that case, you’re probably right that the market can’t provide it, since it would be viewed in competition with the government military, and therefore would probably be seen as a threat to national security.
For other public goods, I’m not sure why the government would have a monopoly. Scientific research is considered a public good, and yet the government doesn’t put many restrictions on what types of science you can perform (with some possible exceptions like nuclear weapons research).
Wikipedia lists common examples of public goods. We could through them one by one. I certainly agree that for some of them, your hypothesis holds.
For the opposite perspective, see: https://slatestarcodex.com/2017/08/29/my-irb-nightmare/
I don’t think the IRB that blocked Scott in that article was the government.
In the “government vs market” dichotomy, I think it is closer to the government side.
ah, yeah, you’re right! thank you