Rights-Ethics Public Goods: Based on the Expanded-Definition of Public Goods
International Journal of Economics and Management Studies |
© 2019 by SSRG - IJEMS Journal |
Volume 6 Issue 8 |
Year of Publication : 2019 |
Authors : Jia Kang, Feng Qiaobin |
How to Cite?
Jia Kang, Feng Qiaobin, "Rights-Ethics Public Goods: Based on the Expanded-Definition of Public Goods," SSRG International Journal of Economics and Management Studies, vol. 6, no. 8, pp. 17-28, 2019. Crossref, https://doi.org/10.14445/23939125/IJEMS-V6I8P104
Abstract:
Based on related literature, the authors consider that basic education, basic medical services and low-rent house are a special kind of public goods
and name them “rights-ethics public goods ”. On this basis, getting some reference from Buchanan and others, the authors revise and expand the classic
definition of public goods and develop a new one: the expanded-definition of public goods, and give the related theoretical explanation. Further, the authors discuss the inherent requirements of rights-ethics public goods, namely redefining the democratic and legal mechanisms of the boundary periodically.
Keywords:
classic public goods; rights-ethics public goods; expanded-definition of public goods
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