Real World Economics Edward Lotterman Column 2024-08 Feb 23 – 2024 Seventy-five years of wisdom on national defense should not be discarded. The most important “public goods” for any nation are defense against foreign enemies plus domestic public safety. Indeed, the need for these goes back human life in caves. These needs are why governments were instituted. They are why the nation having power to tax individuals in money or in kind is universal. However, both the levels and types of defense needed and how much individuals must pony up often are often contentious. Disagreements must be hammered out through […]
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