Price of Government Framework

The Price of Government framework analyzes how government spending and taxes are balanced to achieve societal goals. It identifies a "core" government—focused on essential services like defense, law enforcement, and justice—that should be adequately funded for stability and security. Beyond this core, additional government spending on areas like social programs or infrastructure is more discretionary and subject to debate about cost-effectiveness and value. The framework encourages viewings of government as a "business" with limited resources, aiming to prioritize spending wisely while maintaining sufficient capacity of the core functions critical for a well-functioning society.