Public choice economics - PowerPoint PPT Presentation

Public Goods, Taxes, and Public Choice

Public Goods, Taxes, and Public Choice. Overview of Government. In most modern societies, governments are involved in the following activities:. Providing public goods and services such as streets, education, parks, public safety, national defense, and space exploration

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Interventions

Interventions. Lesson 22: Public Choice Theory: What if the Government Fails (Duh!). The Rules of the Game. Rule of Law exists when rules that govern behavior and interactions among individuals and groups of individuals apply to both the governed and the governing.

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