Public goods

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Revision as of 07:13, 26 October 2009 by imported>Nick Gardner (Replacing page with '{{subpages}} '''Public goods''' are commodities or services, such as fresh air and national defence that have to be provided by governments, because it is not possible to dev...')
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Public goods are commodities or services, such as fresh air and national defence that have to be provided by governments, because it is not possible to devise a pricing system to enable them to be marketed.

The origins of the concept

The formal definition

Partly public goods

References