Table of Contents

Economic Behavior, Economic Freedom, and Entrepreneurship

Economic Behavior, Economic Freedom, and Entrepreneurship

Edited by Richard J. Cebula, Joshua Hall, Franklin G. Mixon Jr and James E. Payne

Expert editors add to an important field of research, the economics of entrepreneurship, and explore how institutions influence entrepreneurial behavior. This book provides comprehensive and contemporary insights into the interaction between economic behavior of firms and households, economic freedom, and entrepreneurship, and how it generates an environment with greater opportunities for growth and development for individuals, households, and private-sector firms.

Chapter 7: Freedom as a public good

J. R. Clark and Dwight R. Lee

Subjects: economics and finance, austrian economics, economics of entrepreneurship, political economy


In this chapter, we explore the idea of negative freedom as a public good. Unlike positive freedom, which is more popular politically because it is largely a private good, we argue that negative freedom is a public good and private goods invariably have more political appeal than public goods. We then demonstrate that this difference puts freedom at even a greater political disadvantage than it does most, if not all, other public goods. After pointing out an important difference between freedom and other public goods that explains why freedom is less likely to be adequately provided by government than other public goods, we argue that the prospects for freedom are not as bleak as our discussion might imply.

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