What is Public Good?
1.
Those which are in everybody's interest to have, but in no one's interest to provide. Clean air, for example, or the preservation of a rare species of plant or animal.
My company can't make money from providing clean air, a public good, so I won't bother myself with it
1.
Those which are in everybody's interest to have, but in no one's interest to provide. Clean air, for example, or the preservation of a rare species of plant or animal.
My company can't make money from providing clean air, a public good, so I won't bother myself with it
