The Government and the Market

Here is a perfect example of the externalities of Federal spending.

The State of Utah is going to pay $1.67 million to the federal government to have federal parks within the state open for a week. The parks are usually expected to bring in $100 million for the month for the state economy, so we’ll say $25 Million a week.

Utah’s national parks will reopen despite ongoing government shutdown

Leaders in Utah say they found a way to get around the government shutdown.