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Public Goods and Market Failures: A Critical Examination

Assertions of market failure are usually based on Paul Samuelson’s theory of public goods and externalities. This book both develops that theory and challenges the conclusion of many economists and policy-makers that market failures cannot be corrected by market forces. The volume includes major case studies of private provision of public goods. Among the goods considered are lighthouse services, education, municipal services, and environmental conservation.

Author: Tyler Cowen

Edition: Reprint

Binding: Paperback

EAN: 9781560005704

Condition: New

Manufacturer: Transaction Publishers

Number of items: 1

Number of pages: 384

Product group: Book

Studio: Transaction Publishers

Publication Date: 1991-01-01

Publisher: Transaction Publishers

Pages: 384

ISBN: 156000570X

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Tyler Cowen
Tyler Cowen is an American economist, academic, and writer. He occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. Cowen and Tabarrok have also ventured into online education by starting Marginal Revolution University. He currently writes the "Economic Scene" column for the New York Times, and he also writes for such publications as The New Republic, the Wall Street Journal, Forbes, Newsweek, and the Wilson Quarterly.