Political Viewpoints

Here in the United States, we have a tendency to line up our political viewpoints by "conservative" or "free-market" and "liberal" or "government activist" viewpoints. And while "central planners" or "radicals" are not much heard from lately, they would have yet another viewpoint.

Let's see how those views would be expressed in terms of public goods and externalities.

Do keep in mind, of course, that this is not the whole story. Some conservatives are much more concerned with family values than free markets, and most radicals would reject this whole approach. And there may be other views that just don't fit into any of the three categories.

All the same, I think the comparison will be useful.