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Public Goods and Market Failures

By: Tyler Cowen (Author)

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Ksh 26,400.00

Format: Hardback or Cased Book

ISBN-13: 9781138531192

Publisher: Taylor & Francis Ltd

Publication Date: Dec 18th, 2020

Dimension: 22.90 x 15.20 x 88.40 cms

Category: POLITICS & GOVERNMENT

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Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory and challenges the conclusion of many economists and policy-makers that market failures cannot be corrected by market forces. The volume includes major case studies of private provision of public goods. Among the goods considered are lighthouse services, education, municipal services, and environmental conservation.

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