The core of the argument offered here is that the trade off between these two choices boils down to a benefit cost calculation rather than a Bergsonian or Arrovian value judgement: i.e., in return for the net benefits which a society obtains from the productive, public good supplying activities...

Market augmentation is Olson's description for correcting market failure. Public good benefit is shared by all, private free-rider riven efforts to supply it will always be insufficient and sub-optimal. In sum, "market augmentation" is essentially and necessarily a collective, government...

This paper gives an explanation why government and large contributors aoften make contributions to a a charity in-kind rather in cash. We consider a charity that produces a public good a strictly concex production technology and with more than one factor of production.

As a feature of positive redistribution, what incentive causes those with the power of transferring wealth to stop short of extremes in confiscationand even to a degree to serve the interests of the powerless and the wider soviety as a whole? A beginning approach to this problem has been made by...