I have been giving examples of public goods and services, which by their nature are underprovided by individuals and business enterprises. So far, I've primarily discussed tangibles-- networks of roads, railways and telecommunication, public sanitation, things like those. Established law, law enforcement, public health, education-- those are less ( Read more... )

The last public service associated with Ben Franklin that I wanted to discuss is education, which is of course linked with research and libraries (discussed earlier ( Read more... )