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Can we rely on free exchange between individuals to generate the "common good"? The common good is something that benefits all of society. It results in maximum benefit with creating positive externalities where social benefits are higher than the private benefits and social costs of production. It is no one product but a product giving maximum satisfaction to one individual. Examples of common good vary according to preferences and satisfaction levels of individuals, some people (generally women!) want to feed an addiction for chocolate; some people (generally men!) want to smoke long cuban cigars! In these two circumstances Chocolate and Cigars are to be the common good simply because individuals are getting maximum satisfaction from the consumption of these product. In a free market, individuals and companies are allowed to trade freely without the need of government intervention. Free exchange relies on the exchange between individuals to produce the common...

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