Fallacies of the Public Goods Theory
This week’s Mises Circle meeting will focus on Hans-Hermann Hoppe’s classic “Fallacies of the Public Goods Theory and the Production of Security”.
Are roads, education, security, or other such goods public goods? Are governments necessary to provide these goods? Or can the market not only provide them but provide them more efficiently and effectively?
Hans-Hermann Hoppe argues that public goods do not exist, and that the government has no business being involved in the production of any goods, even those seemingly “public”.
Join us as we take a look at his arguments and see what economic law has to say.