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Aren't stability and "dealing with negative externalities" also services? Without goverments people would seek them elsewhere (other forms of ruling, insurance
by gosub 11y ago
Aren't stability and "dealing with negative externalities" also services? Without goverments people would seek them elsewhere (other forms of ruling, insurance companies, etc.)
- lmm 11y ago> Aren't stability and "dealing with negative externalities" also services? In a sense, but they're subject to a tragedy of the commons (that's almost the definition of a negative externality), so competition does not improve them.