Unformatted text preview: take any action against you if you don’t pay to enjoy the benefits of my hard work at providing national defense, I guess I am going to have to get a hat out and start passing it around the room asking for donations. How much money do you think I would collect after passing the hat around the room? Do you think everyone contributed something to the cause? Or, do you think a few folks thought to themselves, “Why should I pay a dime, I enjoy the benefits regardless of whether I pay or not. So why pay?” You bet there were a few thinking that way, and economists refer to them as “Free Riders” The next time I pass the hat around the room, I will probably collect less because more of you will have learned to be free riders: people getting the benefits from a commodity without contributing one nickel to the commodities cost....
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- Fall '10
- Public Good, Thought, BGM-109 Tomahawk, Cruise missile, National defense, $16 million