Friday, 17 October 2008

Public Goods


It is indisputable that defence is a public good. Roger Bootle, who writes for The Telegraph, argues that confidence in the financial sector should be a public good and that we should not complain about having billions of pounds of taxes propping up the system.


Do you think he's right?


He's also pretty out spoken on moral hazard too.


The article is just one click away

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