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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (321135)1/16/2007 3:36:21 PM
From: TigerPaw  Read Replies (1) | Respond to of 1578127
 
You have a limited idea of what the government actually does for the public. A better example of a rarely used service is inspecting a bridge on some country road. It benefits few people, but in aggrigate many people benefit from the services. Each has little incentive to provide the inspection as an individual.

Another good example would be student loans. Wealthy kids are likely to get additional education and they have no individual reason to assist random strangers perhaps even in competition to their own. There is a public good in bringing education to a bunch of random strangers (especially self selected achievers) because some of them will provide much more benefit to society by completing their education than they would provide as a hamburger flipper. They might even keep daddy's company running while junior warms the VP chair after receiving a legacy degree.

TP