...Maxime Desmarais-Tremblay This paper provides a narrative of the emergence of the standard textbook definition of public goods. It focuses on Richard A. Musgrave's contribution in defining public goods as nonrival and nonexcludable—from 1937 to 1973. Although Samuelson's mathematical definition...

...Orhan Kayaalp History of Political Economy 20:l 0 1988 by Duke University Press CCC 00 18-2702/88/$1.50 Ugo Mazzola and the Italian theory of public goods Orhan Kayaalp...

...Balbir S. Sihag Atkinson, Anthony B., and N. H. Stern. 1974 . Pigou, Taxation, and Public Goods. Review of Economic Studies 41.1 : 119 -28. Baeck, Louis. 1994 . The Mediterranean Tradition in Economic Thought . New York: Routledge. Ballard, Charles L., and Don Fullerton. 1992...

...J. Daniel Hammond This article is an analytical history of Paul Samuelson's writings on the theory of public goods and the role of government. We examine Samuelson's scholarly work from “The Pure Theory of Public Expenditure” (1954) to “Pure Theory of Public Expenditure and Taxation” (1969). We...

...Marianne Johnson The core of public economics traditionally addresses two situations of market failure: externalities and public goods. While externalities fit neatly into neoclassical economics, public goods proved substantially more difficult to pin down. An interesting thread in the story...

... obscurity during Tiebout's academic career, which was tragically cut short by his passing in 1968. Penned as a qualification to Paul Samuelson's “pure theory,” the article failed to influence the stabilization of postwar public good theory despite Tiebout's engagement with key figures in its construction...

... of Adam Smith: Jacob Viner's reading of Smith's invisible hand as God and Paul Samuelson's reading of the same three words as an allocative mechanism that translates an individual's “selfish” actions into the public good or “the best good of all” within a state of perfect competition. These distinct...

... with liberal values associated with the public sphere since the eighteenth century. Musgrave’s conceptualization of public expenditures represents one episode of this continuing tension. His defense of merit goods, in particular, was rejected by many American economists in the 1960s because it was perceived...

...: Buchanan’s Dominance Considered .” American Journal of Economics and Sociology 64 ( 4 ): 1049 – 72 . Johnson Marianne 2015 . “ Public Goods, Market Failure, and Voluntary Exchange .” In Market Failure in Context , edited by Marciano Alain Medema Steven G. History of Political...

... inte- gration of the German states through development of the customs union. The concomitant increase in “national consciousness . . . brought all ques- tions of public good to the center of national life and stimulated a desire for economic knowledge” (1–2). At this very moment, though...

... product or output of goods produced for the market.” Taylor never defined Say's Law as “the impossibility of demand deficiency as a cause of recession.” Like Say, Taylor acknowledged that general demand deficiency could cause economic crises. In such scenarios, public expenditures could have expansionary...

... ineffective and socially undesirable, and such a situ- ation required public intervention. Like Smith ([1776] 1976: 463 65), Say approved imposing restrictions on foreign goods to protect domestic pro- duction in two areas. First, the government could protect domestic indus- tries to avoid foreign dependency...

... of mixing serious academic works (Treatise on Money, General Theory, Public Opinion, The Good Society) with publi- cations aimed at a larger audience and richer market (The Economic Con­ sequences of the Peace, A Preface to Morals). By middle age both gained celebrity status enjoyed by few...

.... Translated by Edith Pavlo Marget. London: Jonathan Cape. Head, John G. 1974 . Public Goods and Public Welfare . Durham, N.C.: Duke University Press. Hennipman, Pieter. [1980] 1995 . Some Notes on Pareto Optimality and Wicksellian Unanimity. In Welfare Economics and the Theory of Economic Policy...

... Tradition in Public Finance. In Fiscal Theory and Political Economy . Chapel Hill: University of North Carolina Press. ____. 1968 . The Demand and Supply of Public Goods . Chicago: Rand McNally. Buchanan, James M., and M. Z. Kafoglis. 1963 . A Note on Public Goods Supply. American Economic Review...

... rules and constraints. Again, an obviously political process and certainly not of a commercial nature. The entity that produces a public good—be it a club or a pure public good—differs from a firm that sells goods on a market. Finally, can it be said that Samuelson, Musgrave, Bowen, and all...

... of apologiae emerged which concentrated on the theme that a public-goods problem (mostly involving expenditures for forts) justified the award of monopoly rights to the chartered companies. In this argu- ment, competition in foreign trade would have allowed free-riding on the provision of forts...

... initially attracted much more at- tention than the rest.s Without a doubt it reveals the hand of a master, 3. J. M. Buchanan, The Demand and Supply of Public Goods (Chicago, 1968), p. 192. In the same vein R. A. Musgrave, “Allocation, Distribution and the Theory of Public Finance,” in H...

... uses some of Craufurd Goodwin’s (2008) research on Aldo Leopold and that of Elinor Ostrom (2010) to ask how the process leading to the discovery of a pricing system might work when the exchanges involve goods with some public attributes. The last considers how John V. Krutilla’s (1967) early...

... . Cambridge : Cambridge University Press . ———. 2003 . Preface to “Incentives and Public Inputs.” In Chopra . 2003 , 63 – 65 . Groves Theodore Ledyard John . 1974 . “An Incentive Mechanism for Efficient Resource Allocation in General Equilibrium with Public Goods.” CMS-EMS...