Public goods and government action

  title={Public goods and government action},
  author={Jonathan Anomaly},
  journal={Politics, Philosophy \& Economics},
  pages={109 - 128}
It is widely agreed that one of the core functions of government is to supply public goods that markets either fail to provide or cannot provide efficiently. I will suggest that arguments for government provision of public goods require fundamental moral judgments in addition to the usual economic considerations about the relative efficacy of markets and governments in supplying them. While philosophers and policymakers owe a debt of gratitude to economists for developing the theory of public… Expand
Concerning publicized goods (or, the promiscuity of the public goods argument)
Proponents of the public goods argument (‘PGA’) seek to ground the authority of the state on its putative indispensability as a means of providing public goods. But many of the things we take to beExpand
Public Goods: Re-examination, Related Concepts and Distinctions
  • Jing Chen
  • Business
  • 2021
The essay is aiming at answering‘How do economists distinguish between public goods and private goods? What problems does the existence of public goods pose for the market? How might the governmentExpand
On the Inefficiency of Political Exchange
A classic argument in economic theory is that in a world of zero transaction costs the free bargaining among parties spontaneously leads to an efficient allocation of resources. Attempts have beenExpand
Public Goods and Education
Education can be a private good or a public good. The fact that one person’s education can have positive or negative spillover effects on other people is often taken to be an argument for governmentExpand
“Public Health, Public Goods, and Market Failure”
  • L. Horne
  • Business
  • Public Health Ethics
  • 2019
This discussion revises and extends Jonny Anomaly's ‘public goods’ account of public health ethics in light of recent criticism from Richard Dees. Public goods are goods that are both non-rival andExpand
Forward Guidance, Information Frictions and Optimal Monetary Policy: A General Equilibrium Analysis with a Public Sector
This paper analyzes the optimal monetary policy in a model with a public sector when firms choose prices under incomplete information, and the government can not observe the current state perfectly.Expand
The overarching principle of Market: Its interface with Law
The doctrine of the market exchange system is not limited to the exchanges concerned with profit maximisation rather the maximisation of any positive value and to limit the exchange of any valueExpand
What is public health? public goods, publicized goods, and the conversion problem
It is shown that being a health-related public good is not a sufficient condition for counting as a public health goal, since virtually any private good can be converted into a public good by government fiat. Expand
Public finance, foreign aid and political incentives
This thesis consists of three studies on foreign aid and its allocation by political leaders within recipient countries. It explores whether this allocation depends on personal motives andExpand
La participación del público en el coste de la oferta cultural: argumentos éticos para el debate
This paper reviews arguments for and against voluntary and direct participation of the public in the funding of cultural activities. The starting point is that financing schemes implemented byExpand


Markets for public goods
There is a presumption in some circles that the identification of an externality or a public good presents a prima facie case for government intervention. Tyler Cowen has assembled a group ofExpand
The private production of public goods, once again
Anthony de Jasay attempts to demonstrate that public goods can be supplied privately without loss of efficiency, since there may be enough people willing to finance public‐goods productionExpand
An Economic Theory of Political Action in a Democracy
  • A. Downs
  • Economics
  • Journal of Political Economy
  • 1957
IN SPITE of the tremendous importance of government decisions in every phase of economic life, economic theorists have never successfully integrated government with private decision-makers in aExpand
Rules for choosing among public goods: A contractarian approach
This paper asks what rules for supplying and financing public goods would be chosen by individuals at the constitutional level. A new principle of decision-making is proposed. This separatesExpand
The Demand and Supply of Public Goods
Public-goods theory constituted a major element in James M Buchanan's research agenda throughout the 1960s. THE DEMAND AND SUPPLY OF PUBLIC GOODS is a major part of that work. At the time thatExpand
Public Decisions as Public Goods
  • G. Tullock
  • Business
  • Journal of Political Economy
  • 1971
It is now orthodox in economics to explain the desirability of government by pointing to the existence of public goods and the difficulties which the private market would have in dealing with them.'Expand
Knowledge as Global Public Good
This chapter applies the framework of public goods to knowledge. It shows that knowledge has some characteristics of public good, such as being non-rival in consumption and in the long run nonExpand
Economic Analysis , Moral Philosophy and Public Policy
This book shows through argument and numerous policy-related examples how understanding moral philosophy can improve economic analysis, how moral philosophy can benefit from economists' analyticalExpand
Public Goods and Public Policy
One of the most interesting developments in the Anglo-American public finance literature of recent years has been the appearance, under the formidable aegis of Professor Samuelson, of a prescriptiveExpand
How can constitutions be designed so that politicians who seek to serve “public interest” can survive and prosper?
Distributional politics in modern democracy involves the exploitation of minorities by majorities, and as persons rotate membership, all parties in the “game” lose. This result emerges onlyExpand