Public Goods and Externalities

In a free market, there are certain things that the government must provide that the marketplace cannot. These are called public goods, and they include things like schools, roads, parks, and many other things. These are the things that make up a nation's infrastructure. What should be a public good and what should not? What is the free rider problem? What are externalities, and are they good or bad? Let's dive into all of this!

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