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by philwelch
283 days ago
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A public good is a good that is both non-rivalrous and non-excludable. Establishing a federal monopoly doesn’t turn the product of that monopoly into a public good. Likewise, a public good can be provided by a non-government entity. |
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Jokes aside, I getting hung up on that term in this context feels unnecessary, it was quiet clear what kaitai was talking about from the text he wrote.