free good

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free good

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free good

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Richard W. Steele. Free Speech in the Good War. New York: St. Martin's. 1999. Pp. x, 309. $45.00

Michael Schudson. The Good Citizen: A History of American Civic Life. New York: Free Press. 1998. Pp. 390. $27.50

Free Speech in the Good War. By Richard W. Steele. (New York: St. Martins, 1999. x, 309 pp. $45.00, ISBN 0-312-17336-9.)

The Good Citizen: A History of American Civic Life. By Michael Schudson. (New York: Free Press, 1998. x, 390 pp. $27.50, ISBN 0-684-82729-8.)

Telegraphic Convention between the Cape of Good Hope and Natal Colonies (Great Britain) and the Orange Free State, signed at Cape Town, 25 October/Pietermaritzburg, 17 November/Bloemfontein, 26 November 1883

Service Règlement annexed to the International Telegraph Convention between the Argentine Republic, Australia, Austria-Hungary, Belgium, Bolivia, Bosnia-Herzegovina, Brazil, Bulgaria, Cape of Good Hope, Ceylon, Chile, Crete, Denmark, Egypt, Eritrea, France, Germany, Great Britain, Greece, British India, Dutch East Indies, French Indo-China, Iceland, Italy, Japan, Luxemburg, Madagascar, Montenegro, Natal, the Netherlands, New Caledonia, New Zealand, Norway, Orange Free State, Persia, Portugal and Colonies, Roumania, Russia, Senegal, Servia, Siam, Spain, Sweden, Switzerland, Transvaal, Tunis, Turkey and Uruguay, signed at Lisbon, 11 June 1908


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A good which is not scarce, so that its availability is not an effective constraint on economic activity. A good is not a free good merely because its market price is zero: it may in fact be scarce, but be underpriced by the market because of a lack of enforceable property rights over it. A really free good has an opportunity cost of zero.

Subjects: Economics.

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