Although national defense is currently a public good, economists who advocate small government generally agree that the U.S. should privatize national defense to increase the efficiency of the good.

Question

Quizplus · Accepted Answer

Economists who advocate for small government typically argue for the privatization of many services but usually exclude national defense, recognizing it as a core function of government due to its non-excludable and non-rivalrous nature, making it difficult to privatize efficiently.

Although National Defense Is Currently a Public Good, Economists Who