The public library is not considered to be a public good because people could be restricted from using the library by not paying fees such as; library fees, even if the library is seen to be largely financed by public funds. There have been many arguments towards government intervention that are based on the idea that a marketplace is not able to manage externalities or provide public goods. Most government depend on bureaucracy and have weak inducement that serve consumers everywhere, therefore this is why they produce incompetently. The government may supply public goods in a way that is able to serve their interests rather than the interests of the public.
For an item or a service to be classified as a public good, two specific requirements …show more content…
In order for the library budget to be considered incrementalism then it must apply to its definition. It is budgeting that is based on small changes from previous periods that have been budgeted and their results. This technique is a very common approach within businesses and services and it does not mean to spend a large amount of time formulating budgets or where it does not receive thorough re evaluation. This usually happens when an industry has no competition; so that these profits tends to be continued as years go by from one year to another.
The web defines incrementalism as the “cautious style of decision making in which changes are implemented gradually or in small steps.” Furthermore, Willoughby stated that in the theory of incrementalism, “the most important determinant of next year’s budget is this year’s budget.” Basing on these definitions, it is safe to say that the budgeting of the library could be described as one. It could be observed that small changes are being made year by year on the budget, based on the total government expenditure and real library expenditure with an average of 3.35% and 0.97% of change across the years respectively. Moreover, as mentioned earlier, it seems that the library’s budget for the next fiscal year is dependent on the current year’s
For an item or a service to be classified as a public good, two specific requirements …show more content…
In order for the library budget to be considered incrementalism then it must apply to its definition. It is budgeting that is based on small changes from previous periods that have been budgeted and their results. This technique is a very common approach within businesses and services and it does not mean to spend a large amount of time formulating budgets or where it does not receive thorough re evaluation. This usually happens when an industry has no competition; so that these profits tends to be continued as years go by from one year to another.
The web defines incrementalism as the “cautious style of decision making in which changes are implemented gradually or in small steps.” Furthermore, Willoughby stated that in the theory of incrementalism, “the most important determinant of next year’s budget is this year’s budget.” Basing on these definitions, it is safe to say that the budgeting of the library could be described as one. It could be observed that small changes are being made year by year on the budget, based on the total government expenditure and real library expenditure with an average of 3.35% and 0.97% of change across the years respectively. Moreover, as mentioned earlier, it seems that the library’s budget for the next fiscal year is dependent on the current year’s