Public Goods and Publicly Provided Goods

Ivan Malý

Politická ekonomie, 1998, vol. 1998, issue 6

Abstract: There seems to be an inaccuracy concerning the concept of public goods in the common Czech language. While the most scholars define this concept using some specific characteristics of its consumption, for instance education and health services are calls "public goods" by public often because they are publicly provided. This leads to some statements as "the government has to finance health care services because they are public goods". Such an arbitrary definition of public goods is possible, but it is not correct if we want to use the concept as an example of objective micro-economic market failure. We believe the characteristics of consumption of public goods have the objective nature and there is no way to put them under any arbitrary judgement. The human "right" for the better health can be accepted by society, but it does not mean that there is non-exclusion from the consumption of health cervices.

Date: 1998
References: Add references at CitEc
Citations:

Downloads: (external link)
http://polek.vse.cz/doi/10.18267/j.polek.264.html (text/html)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlpol:v:1998:y:1998:i:6:id:264

Ordering information: This journal article can be ordered from
Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3
http://polek.vse.cz

DOI: 10.18267/j.polek.264

Access Statistics for this article

Politická ekonomie is currently edited by Jiřina Bulisová

More articles in Politická ekonomie from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().