Hey Folks, Curious if you have any examples of “Public Goods” provided by Private Enterprise. By this, I mean a good or service that is funded and managed privately, but available to the public for free. Public access, private ownership. Examples I can think of is a parking lot at a mall, or the G…

I think that you’re taking the wrong approach. The question should be, if consumers were not able to access the goods for free, would there be any market demand? Would this demand be sufficient to provide opportunities to profit by serving it? If so, then the private market could supply these goods …

Interesting approach. Do you have any concrete examples of goods which would fall into such category?

Anecdotal: There are plenty of apartment complexes here in South Korea with large lavish playgrounds (the kind that aren’t allowed in the US because of liability) and gardens. The idea is that these contracting companies come in, buy up land, build a couple or more apartment high-rises and keep a la…

Off the top of my head … perfume and cologne- People buy them exclusively for the positive externalities they provide.

UPS? private bus transportation (charter bus), cars dat u can drive urself the state provides pubic transportation, but the why do most americans own cars that they can drive themselves? if public transportation is so essential, then why do most people buy cars? because iits for the poor. If the…

I literally just heard Tom Woods mention deoderant as something that could be classified as a “public good” on the Peter Schiff show a few hours ago. (It was the April 10 episode, though.)

Are those “public goods” in the sense of nonexcludability/nonrivalry?

I got it from Hoppe, but, yeah, it’s a good example. Hoppe’s essay on public goods is pretty devastating to the public goods argument. What’s telling is the inconsistancy between economists on what is a public (as opinions differ from good to good from economist to economist) good. Ultimately, Meng…

Sounds like somebody’s been boning up on their history of economic thought. Just as a nice link reference in case anyone missed it, there was a great TED talk posted in the low content thread related to this. Maybe I’m misreading this, but I don’t think those terms operate in the same framing. …

[image] No, you read right. That’s somewhat what I was thinking- regarding your argument then, the dichotomy as to what constitutes a inferior/normal good (this is what I thought) is ill-founded because it is subjective (mainstream econ argues that an inferior good is a good that is consumed les…

Examples of "Public Goods" provided by Private Enterprise

Economics Economics Questions

John_James May 7, 2012, 8:31pm 12

In a way. I think a poster “Len Budney” captures it quite well here.

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Examples of "Public Goods" provided by Private Enterprise

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