Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

a type of good consisting of a resource system for which it's hard but not impossible to restrict (e.g. an irrigation system or fishing grounds); differs from pure public goods in that they face problems of congestion or overuse, because they are subtractable; consists of a core resource (e.g., water or fish) which defines the stock variable, while providing a limited quantity of extractable fringe units, which defines the flow variable


Its favourite narrative is of excessive demands on the ‘common pool

on the standard economic theory of politics

—p.47 Neoliberal Reform: From Tax State to Debt State (47) by Wolfgang Streeck
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9 years, 5 months ago