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Discuss whether voting can play a role in solving free-riding problems in public good provision, and if so why.

ECONOMICS Prof. Casella Political Economy – W4370 Fall 2022 Problem Set 7 Due before class on Wednesday, November 30th via Gradescope Question 1. This question asks whether voting can play a role in solving free-riding problems in public good provision, and if so why. Imagine a small economy composed of three individuals, 1, 2, and […]

What is a Political Economy? What is the role of government in the economy, and how much of a role should it have? What is the role of entitlement and welfare in a State?

What is a Political Economy? What is the role of government in the economy, and how much of a role should it have? What is the role of entitlement and welfare in a State? Why is entitlement spending hard to curb? What factors cause a State’s economy to rise or fall? What is the role […]

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