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Should the government provide public goods

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Reference no: EM132789810

Under what conditions (if any) should the government intervene in the market?

  1. Should the government provide public goods? If so, how would the government know how much of the public good to provide?
  2. How could government intervention be constrained or controlled so that rent-seeking and the personal goals of policy-makers do not result in bad policy?

Reference no: EM132789810

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