> If the work is valuable, individuals in the private sector will voluntarily pay for it.
Only if the work is valuable to the private sector. There are other types of value - academic, social, environmental, long-term - that often don't or can't motivate the private sector. That thing about governments being there to solve the collective action problem.
Only if the work is valuable to the private sector. There are other types of value - academic, social, environmental, long-term - that often don't or can't motivate the private sector. That thing about governments being there to solve the collective action problem.