Public Goods

RETURN

How important public goods are as a cause of market failure is debatable. There may be ways to deal with the "exclusivity of use" problem in many cases. Critics of the market system tend to find public goods in profusion, while those who defend markets find relatively few. In coming to your own conclusions, you might find some of the following links helpful.

Some basic definitions

How a Chinese village overcame the free rider problem

The anarcho-capitalist solution to the free rider problem