A New Approach to the Economics of Public Goods

A New Approach to the Economics of Public Goods

Author: Thomas Laudal

Publisher: Routledge

Published: 2019-08-28

Total Pages: 95

ISBN-13: 1000705722

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Public goods are typically defined only in reference to the good itself but, as this book argues, the public goods can be better understood if contextual variables are incorporated. This book discusses the production and provision of public goods. It asserts that changes related to public goods are better understood if the category of goods are not decided solely by the properties of the good itself. We also need to focus on how the enabled utility of a good is influenced by the production and the provision of the good. The book opens with a brief introduction to common conceptions of public goods and a review of the existing literature - highlighting the limitations of current definitions of public goods. It presents a new multi-layered approach to public goods. This has implications for the discourse on public goods and for our understanding of the societal and environmental impact of public goods. The implications are illustrated in several areas; public goods in ancient history, privatization, innovation, competitiveness and prices, democracy and political standards, and economic growth. The book provides a provocative argument for a new way to analyze public goods which will appeal to scholars and students interested in the economic analysis of public goods, arguments regarding the privatizing or nationalizing of production and services, and method of modelling and measuring sustainable business activities.


Public Goods, Sustainable Development and the Contribution of Business

Public Goods, Sustainable Development and the Contribution of Business

Author: Roland Bardy

Publisher: Cambridge Scholars Publishing

Published: 2021-02-18

Total Pages: 332

ISBN-13: 1527566250

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This book provides an expansive review of the public goods theme and highlights the inherent linkage between sustainable development and corporate responsibility for improving the current and future welfare of communities both at home and abroad. The main proposition here is that sustainable development is focused on preserving and maintaining public goods. Consequently, whoever uses public goods is liable for their preservation, their maintenance, and, where they are underdeveloped, for their expansion. Successful delivery, both now and in the future, depends on a positive relationship of the public sector with the private sector. This book will serve to stimulate discussions of scholars and policy makers in the field of sustainable development with business leaders, and will close the gap between the public and the private sectors by building a common understanding and common methodologies for implementing and measuring sustainable development in the macro- and the micro-spheres.


Advancing Public Goods

Advancing Public Goods

Author: Jean-Philippe Touffut

Publisher: Edward Elgar Publishing

Published: 2006-01-01

Total Pages: 185

ISBN-13: 1847201849

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This is a timely and thought-provoking book which brings the discussion of public goods to confront the contemporary world economy where such goods have often a global nature and require super-national provision and control. Giovanni Dosi, St Anna School of Advanced Studies, Pisa, Italy In this wide-ranging selection of papers, distinguished economists, public policy advisers and political theorists contribute to the debate on public goods. The studies cover topics in the conceptualization, classification and stratification of public goods. Also examined are public institutional design, global economic institutions and partnership typologies. Individual papers address the financing, regulatory, organizational and legal aspects relating to services of general interest in Europe. The dynamics of global public good production, including monopolies, patents, scientific uncertainty and market failures, are discussed. Empirical research on the state, profit and non-profit sectors is presented. Providing numerous examples of specific public goods, the contributions also highlight the impact of macroeconomic policies on provision. The book presents a broad diversity of new approaches to global public goods within the framework of mixed economies, beyond the standard economic analysis of public services. Academics, researchers and policymakers in the area of global public goods and services will find this volume of great interest.


A New Approach to the Economics of Public Goods

A New Approach to the Economics of Public Goods

Author: Thomas Laudal

Publisher: Routledge

Published: 2019-08-28

Total Pages: 119

ISBN-13: 1000706702

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Public goods are typically defined only in reference to the good itself but, as this book argues, the public goods can be better understood if contextual variables are incorporated. This book discusses the production and provision of public goods. It asserts that changes related to public goods are better understood if the category of goods are not decided solely by the properties of the good itself. We also need to focus on how the enabled utility of a good is influenced by the production and the provision of the good. The book opens with a brief introduction to common conceptions of public goods and a review of the existing literature - highlighting the limitations of current definitions of public goods. It presents a new multi-layered approach to public goods. This has implications for the discourse on public goods and for our understanding of the societal and environmental impact of public goods. The implications are illustrated in several areas; public goods in ancient history, privatization, innovation, competitiveness and prices, democracy and political standards, and economic growth. The book provides a provocative argument for a new way to analyze public goods which will appeal to scholars and students interested in the economic analysis of public goods, arguments regarding the privatizing or nationalizing of production and services, and method of modelling and measuring sustainable business activities.


Public Goods for Economic Development

Public Goods for Economic Development

Author: Olga Memedović

Publisher: UN

Published: 2008

Total Pages: 198

ISBN-13:

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This publication addresses factors that promote or inhibit successful provision of the four key international public goods: financial stability, international trade regime, international diffusion of technological knowledge and global environment. Without these goods, developing countries are unable to compete, prosper or attract capital from abroad. The need for public goods provision is also recognized by the Millennium Development Goals, internationally agreed goals and targets for knowledge, health, governance and environmental public goods. The Report addresses the nature of required policies and institutions using the modern principles of collective action.


Taxation and Public Goods

Taxation and Public Goods

Author: Herbert J. Kiesling

Publisher: University of Michigan Press

Published: 1992

Total Pages: 384

ISBN-13: 9780472103461

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New approach to the analysis of tax policies


The Demand and Supply of Public Goods

The Demand and Supply of Public Goods

Author: James M. Buchanan

Publisher:

Published: 1999

Total Pages: 202

ISBN-13: 9780865972216

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Public-goods theory constituted a major element in James M. Buchanan’s research agenda throughout the 1960s. The Demand and Supply of Public Goods is a major part of that work. At the time that Buchanan was elaborating on his theories of public goods, the prevailing trend in public economics was the emergence of public-expenditure theory, which attempted to form a comprehensive theory of the state around the notion of market failure. The Demand and Supply of Public Goods established Buchanan’s broad purpose of explicitly comparing market performance with political performance. As such, the book is an important part of Buchanan’s contractarian theory of the "productive state.” Conceived originally as a series of lectures given at Cambridge University in 1961 and 1962, The Demand and Supply of Public Goods is written for students, but is in no way a textbook of dry pedagogy. Instead, as Geoffrey Brennan writes in the foreword, "What Buchanan provides here is a clear statement of the contractarian approach to public goods problems, very much in the 'voluntary exchange’ tradition of Wicksell and Lindhal.” James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and is considered one of the greatest scholars of liberty in the twentieth century. The entire series will include: Volume 1: The Logical Foundations of Constitutional Liberty Volume 2: Public Principles of Public Debt Volume 3: The Calculus of Consent Volume 4: Public Finance in Democratic Process Volume 5: The Demand and Supply of Public Goods Volume 6: Cost and Choice Volume 7: The Limits of Liberty Volume 8: Democracy in Deficit Volume 9: The Power to Tax Volume 10: The Reason of Rules Volume 11: Politics by Principle, Not Interest Volume 12: Economic Inquiry and Its Logic Volume 13: Politics as Public Choice Volume 14: Debt and Taxes Volume 15: Externalities and Public Expenditure Theory Volume 16: Choice, Contract, and Constitutions Volume 17: Moral Science and Moral Order Volume 18: Federalism, Liberty, and the Law Volume 19: Ideas, Persons, and Events Volume 20: Indexes


The Privatization of Everything

The Privatization of Everything

Author: Donald Cohen

Publisher: The New Press

Published: 2021-11-23

Total Pages: 360

ISBN-13: 1620976625

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The book the American Prospect calls “an essential resource for future reformers on how not to govern,” by America’s leading defender of the public interest and a bestselling historian “An essential read for those who want to fight the assault on public goods and the commons.” —Naomi Klein A sweeping exposé of the ways in which private interests strip public goods of their power and diminish democracy, the hardcover edition of The Privatization of Everything elicited a wide spectrum of praise: Kirkus Reviews hailed it as “a strong, economics-based argument for restoring the boundaries between public goods and private gains,” Literary Hub featured the book on a Best Nonfiction list, calling it “a far-reaching, comprehensible, and necessary book,” and Publishers Weekly dubbed it a “persuasive takedown of the idea that the private sector knows best.” From Diane Ravitch (“an important new book about the dangers of privatization”) to Heather McGhee (“a well-researched call to action”), the rave reviews mirror the expansive nature of the book itself, covering the impact of privatization on every aspect of our lives, from water and trash collection to the justice system and the military. Cohen and Mikaelian also demonstrate how citizens can—and are—wresting back what is ours: A Montana city took back its water infrastructure after finding that they could do it better and cheaper. Colorado towns fought back well-funded campaigns to preserve telecom monopolies and hamstring public broadband. A motivated lawyer fought all the way to the Supreme Court after the state of Georgia erected privatized paywalls around its legal code. “Enlightening and sobering” (Rosanne Cash), The Privatization of Everything connects the dots across a wide range of issues and offers what Cash calls “a progressive voice with a firm eye on justice [that] can carefully parse out complex issues for those of us who take pride in citizenship.”


Using Surveys to Value Public Goods

Using Surveys to Value Public Goods

Author: Robert Cameron Mitchell

Publisher: Resources for the Future

Published: 1989

Total Pages: 496

ISBN-13: 9780915707324

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Provides decision makers, policy analysts, and social scientists, with a detailed discussion of a new techniques for the valuation of goods not traded in prevate markets.


Human Rights and Public Goods

Human Rights and Public Goods

Author: William F. Felice

Publisher: Rowman & Littlefield

Published: 2020-09-21

Total Pages: 453

ISBN-13: 1538129337

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This powerful and empowering text offers a way forward for alleviating human suffering, presenting a realistic roadmap for enhanced global governance that can create workable solutions to mass poverty. William Felice and Diana Fuguitt emphasize the critical links between international human rights law, international political economy, and global organizations to formulate effective public policy to alleviate human suffering and protect basic human rights for all. They introduce students to the key legal and economic concepts central to economic and social human rights, including the right to education, a healthy environment, food, basic health care, housing, and clean water. They analyze the legal approaches undertaken by the United Nations and explain the key theories of international political economy (including liberalism, nationalism, and structuralism) and central economic concepts (including global public goods, economic equality, and the capabilities approach). In the last decade, a backlash against economic globalization has been fueled by a variety of politicians around the world. A resurgent nationalism is often pitted against international organizations and frameworks for global cooperation. In this new edition, Felice and Fuguitt account for how the current global political climate has affected national and global policies for the provision of public goods and the protection of human rights. They focus on practical policies and actions that both state and nonstate actors can take to uphold economic and social rights. As the first book to integrate these legal and economic approaches, it provides a practical path to action for students, academics, and policy makers alike.