Functions of Government

For a national government:
*Reduce transaction costs?“[T]he main concern ob public policy has always been with cases in which … market transactions … would be too costly to be carried out” (Ronald Coase, 1970, Social Cost and Public Policy, p.36)
*Reduce information asymmetries/improve information for individuals?
* Provide public goods
* Enforce law
* Provide protection from foreign insurgents
* Provide protection from fellow citizens
Could analyze many organizations as lower-level governments.