| Abstract: | T he major raison d'ětre of democratic governments, local and otherwise, is to provide public goods and services that their citizens wish to have and for which they are willing to pay taxes. However, it is not feasible or expedient for individuals to choose types and amounts of public goods that they wish to "consume" at a given "price" as they would for products sold on the market place-because public goods are non-rival and/or non-excludable, and/or they generate externalities. Therefore, decisions regarding public goods and the taxes to pay for them have to be placed in the hands of representatives who are entrusted with the task of articulating the citizens' collective will. |
