Public Goods
A place to discuss infrastructure and initiatives that serve the greater good
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I think this is a valid summary of things, but it is really tricky to take it to the next step of evaluating projects to determine what actually IS a public good? Looking at two popular charts that I pulled from an image search, you can see one of them shows "air" as rivalrous, while one considers it non-rivalrous. Both see it as nonexcludable! There doesn't seem to be any 'rivalry' around one individual's consumption of air reducing someone else's access to air.... both charts agree the fresh water is actually rivalrous in today's day and age. Is fresh air similar? There technically is a finite amount of 'usable atmosphere', so at what point does it become a rivalrous resource? And what about people excluded from access to fresh air/water due to economic constraints? This is just arguing semantics over access to natural resources. When it comes to evaluating a project to determine if its producing something non excludable and non rivalrous, where is the line drawn? Lots of grey areas here.
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