Frontmatter -- Contents -- Acknowledgements -- 1. Introduction -- Part I: Theory -- 2. Consumption: The Welfare of the Representative Consumer -- 3. Consumption: The Welfare of the Community -- 4. Consumption: The Productive Capacity of the Economy -- 5. Investment -- 6. Depreciation -- 7....

Public provision of private goods is usually modeled as the displacement of a market where people can buy as much or as little of a good as they please, with tax-financed provision by the government of equal and identical amounts of the good per person. But public provision is not always equal...