Okun’s merit goods

Austin Frakt

February 23, 2011

I’m reading Equality and Efficiency: The Big Tradeoff, by Arthur Okun. The first paragraph lists some merit goods in the US:

Justice
Political rights
Access to national monuments
Speedy response from the fire department

The book was published in 1975, well before the incident in Tennessee that calls the final entry into question.

Economics
merit good

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Austin Frakt

Austin Frakt, PhD, is co-Editor-in-Chief of The Incidental Economist. His day job is Associate Director of the Partnered Evidence-based Policy Resource Center at the Boston VA Healthcare System, U.S. Department of Veterans Affairs. He is also a Professor with the Department of Health Law, Policy and Management at the Boston University’s School of Public Health, a Principal Research Scientist with the Department of Health Policy and Management at the Harvard T.H. Chan School of Public Health, and Editor-in-Chief of the journal Health Services Research.

Okun’s merit goods

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Austin Frakt

The Incidental Economist

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