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A 'Public Good' Is Not Just Something Which is 'Good for the Public': The Abuse of Economic Terminol...

A 'Public Good' Is Not Just Something Which is 'Good for the Public': The Abuse of Economic Terminol...

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_rmit_collectionsjats_10_3316_informit_931144879433532

A 'Public Good' Is Not Just Something Which is 'Good for the Public': The Abuse of Economic Terminology in Public Debate

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A 'Public Good' Is Not Just Something Which is 'Good for the Public': The Abuse of Economic Terminology in Public Debate

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Journal title

Review (Institute of Public Affairs (Australia) : 1997), 2007-07, Vol.59 (2), p.39-40

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Scope and Contents

Contents

Public goods are goods which simultaneously provide benefits to more than one individual but excludes goods such as water, healthcare facilities and treating private goods as if they were public is a sure recipe for economic disaster. The fact that something is consumed by many people and provides each of them with significant benefits does not mak...

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Full title

A 'Public Good' Is Not Just Something Which is 'Good for the Public': The Abuse of Economic Terminology in Public Debate

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TN_cdi_rmit_collectionsjats_10_3316_informit_931144879433532

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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_rmit_collectionsjats_10_3316_informit_931144879433532

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ISSN

1329-8100

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