The Independent Institute
In addition to exposing the fallacies of a favorite public-goods rationalization, Coase�s essay rescued the lighthouse as a symbol of courage, enlightenment and independence.Also, see the Independent Institute Working Paper, �The Lighthouse as a Private-Sector Collective Good,� by Fred E. Foldvary.
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- 1Posted by Nietzsche 12 years, 3 months agoGreat private sector example. Thanks for sharing.Mark as read | Best of... | Permalink|