[Copernicus]

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Oh, now there IS a difference? Which is it?

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There is a difference between private and public goods, never said otherwise.

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Perhaps you should define what you mean by "public goods"

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What every economist means by public goods - non-rivalry and non-excludability.
Do you constantly run around asking people what they mean by "weather", "bread", "car" or "hat"?

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LOL. Government cannot eliminate or reduce transaction costs. It simply shifts them, transfers them, and masks them.

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In fact they can.

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As for Coase, he himself explicitly recognized and pointed out cases of private production of so-called "public" goods.

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If you read my previous post I'm aware of those cases. It's like pointing out that there are theoretical cases in which the government can work efficiently and create a first best world even the market mechanism couldn't achieve.

Still, are you aware of the effect of transaction cost on your AC society?

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They may be aware of it, but they willfully ignore it, because even in areas such as IP where there may be workable real life AC alternatives, the transaction costs destroy any possible advantage their Rube Goldberg system of individual contracts can possibly have.