Efficient

increase competition and collaboration

The economy is a complex system of competition and collaboration that has brought billions of people around the world to work together and compete to ensure efficiency. Price signals indicate what work needs to be done and entrepreneurs act upon these incentivizes independently give the economy what it needs. But, there are large segments of the economy that require collaboration for the most efficient outcome, like fire departments, national security, transportation infrastructure, healthcare, education, and more. These public goods must be funded through taxes to maintain an efficient economy.