What Should The Government Pay For? Autopsies And Lighthouses! - 0 views
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Sondos 2 on 28 Dec 10This article considers what governments should 'spend their money on'. Apparently, economists seem to have the answer to that question: lighthouses and autopsies; public goods that "we all need, that will make our lives better, but that the market will not and cannot provide". Other public goods that the society would benefit from when financially supported by the government are also mentioned in the article, examples of those are: court systems, the military, etc. The debate does not stop here however for another question arises: How MUCH should the government invest in each of the public goods that need to be provided?