1/2 Spending the denarius. @RichardAEpstein @HooverInst

Photo:  Denarius featuring the emperor Marcus Aurelius

1/2  @RichardAEpstein  @HooverInst   Redistributing tax dollars: State funding for the public good?

Pro:  Once those roads, rails, pipes, and wires are acquired by the state, they are often subject to traditional common carrier obligations of universal service at reasonable rates, whether the state retains operational control over these facilities or transfers them to private parties. The use of state power for infrastructure is thus tied to a credible theory of market failure.
..

Permissions:
Source | Tantalus Coins, uploaded by Rasiel Suarez
Author | Rasiel Suarez
Rasiel at English Wikipedia, the copyright holder of this work, hereby publishes it under the following licenses: w:en:Creative Commons attribution share alike  This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.  Attribution: Rasiel at English Wikipedia You are free: to share – to copy, distribute and transmit the work to remix – to adapt the work Under the following conditions: attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.