Social goods

  Reference/Meaning Formula
#1 Valued phenomena like status and relationships that come into being whenever a social group is formed. Hence the focus of politics.  
#2 Things that people in a community share and which many or all desire to access and use, often simultaneously, e.g. air, rivers, scenery, roads.  


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Last updated: 15-Jan-2014

All material here is in a draft form. There will be errors and omissions. Nothing should be copied or distributed without express permission. Thank you.Copyright © Warren Kinston 2009-2015. All Rights Reserved.

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