Reading
Economics: Students had quickwrite 6: Why
does the government pay for fire and police but not ambulances? Why does the
government pay for roads and sidewalks but not driveways? What would happen if
the government told the people to pay for it if they wanted these things? Would
you prefer this if they lowered your taxes so you had extra money to pay for
it.
We then discussed Public Goods, Free Riders, and Externalities. I would strongly recommend those not there to read chapter 3 section 2 in the textbook.
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