So public goods first off are and goods open to the public
for purchase. So when I think of that I always start off thinking of class when
we talked about light houses and how they are a public good because anyone can
go in them. I think back to when I was younger at a friend’s lake house and
there was a lighthouse on the lake. We used to go and hangout up there all the
time. At the time I never thought of it as a public good but just as an open
place to hang out.
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