What are the arguments in favor of the public sector production of goods and services? Why is it that the private sector may not be best suited to providing them even though it might be able to do so more efficiently? Support and deepen your argument by choosing a proposed or existing policy area involving a clear public good/service in your local or state government. How do the major concepts we have discussed so far in this course apply? Who are the stakeholders and are they being equitably and/or efficiently served? Briefly review the development and implementation of the issue and evaluate how far it responds to the twin issues of efficiency and equity. Are they anywhere near an optimal balance? Is the policy effective and is it meeting (or could it meet) stated goals? Could reallocation of resources promote a more efficient and equitable balance? Conclude with brief recommendations for improving or modifying the policy in the areas of efficiency and equity. Multimedia tools are encouraged.