Reply to post: An economics pendant writes....

Singapore to treat infosec as equivalent public good to fresh running water

Tim Worstal

An economics pendant writes....

"Singapore to treat infosec as equivalent public good to fresh running water"

It's not a public good. Sure, it's good for the public, it's a good that is provided to the public but it's not a "public good". Which is something that is non-rivalrous and non-excludable. They can indeed turn your water off, it's excludable. And - barring that recycling - the water you've just drunk is not available to the next person, it's rivalrous.

The absence of pandemic cholera that results from a decent water and sewage system is indeed a public good. But the water itself isn't.

Yes, this is more than mere pendantry. Sure, infosec can be a state provided good to the public. But it's not going to be a "public good".

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