Abstract

The concept of merit good is a problematic concept in economic theory. The concept was introduced in 1956 by Richard Musgrave. In 1990, on the occasion of an international conference on the concept of merit good, John Head wrote that the concept of merit good raises methodologically difficult and controversial issues. The concept raises doubt about the ultimate normative authority of the consumer sovereignty principle. I will demonstrate that the concept deserves the attention of the philosophical profession for multiple reasons.