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Public Goods

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[New Entry by Julian Reiss on July 21, 2021.] The government plays a significant role in providing goods such as national defence, infrastructure, education, security, and fire and environmental protection almost everywhere. These goods are often referred to as "public goods". Public goods are of philosophical interest because their provision is, to varying degrees, essential to the smooth functioning of society - economically, politically, and culturally - and because of their close connection to problems concerning the regulation of externalities and...

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News source: Stanford Encyclopedia of Philosophy

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