Government, Private Sector, and Nonprofits Compete to Provide Public Goods, Seeking Optimal Efficiency and Fairness.
The public goods supply in our country is shifting from being controlled solely by the government to involving private and non-profit sectors as well. This change is happening to adapt to our diverse economy. In this new system, the government, private sectors, and non-profit sectors are both competing and working together to provide public goods. The best way to organize this system is to have a stable structure that can also adapt to changes, and to combine different sectors to achieve the most efficient and fair public goods supply.