What role does government play in the provision of public goods? Economists have used the lighthouse as an empirical … to operate profitably and without government enforcement in the collection of payments for lighting services. Second, we … that the provision of lighting services exemplifies not a market failure, but a government failure …

without switching location) and unbundling government (so that collective goods and services can be provided separately by …

Keynesian Economics -- Chapter 3 Scarcity and Generation of Resources -- Chapter 4 The Dual Attributes of Government -- Chapter … 5 Regional Government Competition -- Chapter 6 Modern Market Economy -- Chapter 7 Mature Effective Governments … -- Chapter 8 The Choices of Effective Government and Efficient Market Modes -- Chapter 9 Building Up a New Engine for Global …

economists of our time. The dominant view in economics is that money and government should play only minor roles in economic life … unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government … economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve …