ISBN-13: 9780415633543 / Angielski / Twarda / 2014 / 186 str.
In the today's global commercial society an inquiry into the economic role of government is gaining momentum. Many crucial goods for the wellbeing of a society are not commercial, national security and clean air are great examples. This means that the economic role of government is not limited to cure the so called market failures but it has to provide for non-commercial goods. Unfortunately in the last few decades the decline of the political-economic culture of western post-industrial societies has left scope for people to blindly believe in a free, deregulated market. This book brings the culture of the state in from the cold, by confronting readers at the start with the necessity of recognizing the fundamental difference between private commercial interests, whose provision rests on the culture of profit, and public shared interests, whose provision rests on the culture of the state. This book also explores how much individual wellbeing does depend on both.