-fund basic research in science and engineering
-fund nascent beneficial commercial efforts where private interests fear to tread
- supply infrastructure and services that are useful to most but are natural monopolies are network effects monopolies. (i.e. roads, rail,air, healthcare, research labs, weather services to name a few)
- punishing cheating. i.e. fraud, externalities such as pollution, shifting costs onto the public to enhance profitability, and all forms of financial engineering.
- protection against catastrophic loss
- protection of vulnerable people
- limiting corporations and individuals from gaining society distorting power.
My list starts with:
-fund basic research in science and engineering -fund nascent beneficial commercial efforts where private interests fear to tread - supply infrastructure and services that are useful to most but are natural monopolies are network effects monopolies. (i.e. roads, rail,air, healthcare, research labs, weather services to name a few) - punishing cheating. i.e. fraud, externalities such as pollution, shifting costs onto the public to enhance profitability, and all forms of financial engineering. - protection against catastrophic loss - protection of vulnerable people - limiting corporations and individuals from gaining society distorting power.