Public goods exist in part because, per Mansur Olson's logic of collective action, if they were privately provisioned at scale everyone has an incentive to opt out (free-ride), so they get under-created in purely voluntary arrangements—this is the flip side of the birthday paradox's network economics.
causalpending
Speaker
Clay ShirkyEvidence Quote
“public goods get under created in purely voluntary farms”
Created: 6/15/2026, 9:28:59 AM
My Notes
Loading notes...