Nov. 26th, 2012

hudebnik: (teacher-mode)
I'm sure lots of people more competent in economics have worked this out before, but I want to work it out for myself.

Scenario: there's something that lots of people (for simplicity, let's assume everybody in a given town) wants, which by its nature will benefit either everybody (if it's built/bought) or nobody (if it isn't). For example, a fire engine, a water treatment plant, an additional police officer, an emergency room, etc. However, the town in question is in New Hampshire, and extremely suspicious of taxes and big government, so they want to build/buy the thing with voluntary donations. Under what circumstances will it actually happen?

armchair economist analysis )

Profile

hudebnik: (Default)
hudebnik

March 2026

S M T W T F S
1 234567
8 91011121314
15161718192021
22232425262728
293031    

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Mar. 20th, 2026 08:38 pm
Powered by Dreamwidth Studios