Quotulatiousness

July 6, 2016

Public Goods and Asteroid Defense

Filed under: Economics, Space — Tags: , , — Nicholas @ 02:00

Published on 26 Jun 2015

While the probability of an asteroid hitting the planet is very low, its effect would be disastrous for all of us. So, who should pay for asteroid protection? A good like asteroid defense — a public good, meaning it’s nonexcludable and nonrival — has some unusual properties that challenge markets. We explore the curious case of public goods in this video and others in this section.

Related posts:

  1. Senator Elizabeth Warren doesn’t really understand what “public goods” are
  2. Properly defining what are “public goods”
  3. Identifying the potential profits from asteroid mining
  4. The Great Economic Problem
  5. Urban China: growth market for luxury goods

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress