Good and Plenty: The Creative Successes of American Arts Funding
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- Synopsis
- At one time or another nearly every sector of the American economy has been branded as a market failure. Such claims are probably the most important arguments for government support or intervention. The private sector may be deemed incapable of solving the so-called free rider problem or may price public goods in such a way as to insufficiently exclude nonpayers. Assertions of market failure are usually based upon Paul Samuelson's theory of public goods & externalities. Public Goods & Market Failures both develops that theory & challenges the conclusion of many economists & policy makers that market failures cannot be corrected by market forces.
- Copyright:
- 2006
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9780691146263
- Related ISBNs:
- 9781560005704, 9781400827008, 9780691120423
- Publisher:
- Princeton University Press
- Date of Addition:
- 09/30/10
- Copyrighted By:
- Princeton University Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Art and Architecture, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.