What are public goods and how do they link people in a society? - EXPeditions

What are public goods and how do they link people in a society?

by Zoë Hitzig
  • Key point 1
    When everyone acts in their own self-interest, resources owned by everyone become useful to no one.
  • Key point 2
    Public goods are necessary linking features in society and can’t be provided by profitable ventures or enterprises.
  • Key point 3
    The current system of funding and allocating public goods is rigid and not necessarily designed with the needs of ordinary people in mind.