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Many schools of economics teach that the proper place for the government to step in is when something serves the public good but has a low chance for profit. Pu
by freehunter 7y ago
Many schools of economics teach that the proper place for the government to step in is when something serves the public good but has a low chance for profit. Public transportation, libraries, schools, roads, parks. These wouldn’t be profitable ventures for a commercial operator, but the public needs these things. So the government provides.
- s1artibartfast 7y agoI wholeheartedly agree, but that doesn't mean that government employees build all the roads, schools, and parks. This is often done by for-profit companies and payed for with tax dollars