Well, also because not a single commercial entity can internalize all of the generated profit, isn't that correct? Isn't that the essence of a public good?
Editor's note · Context
Grayson discusses the nature of public goods and their production by the private sector.
Share & report
More from Alan Grayson
If the agreement is implemented, do you suspect or do you think that there is a significant risk that Iran will cheat on the agreement and develop a nuclear weapon secretly?
The United States invests more than any other nation in research and development, yet when you put that investment in context as a percentage of our GNP, it becomes much less impressive.
Poaching is a very serious problem, and, frankly, it is one of the great elements of being on this committee to see us taking such constructive action in this regard.
America needs new energy solutions, and it should position itself as an industry leader in the pursuit of these technologies.





