Homer has found a new British show on PBS and he’s really loving it, but then they interrupt his show to ask for money. Betty White is a guest during the telethon and mentions that anyone who watches even a second of PBS and doesn’t donate is equivalent to a thief.
The Public Broadcasting Service (PBS) is a nonprofit American public television show. While the channel focuses primarily on educational programming, it relies on donations from viewers to help support its budget. PBS would be considered an example of a public good since it is nonrival and nonexcludable. One of the problems with public goods is that it is subject to underprovision because of free riders, like Homer, who consume the service but don’t contribute to its production.
Thanks to Tom Flesher for the recommendation on Twitter:
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