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Economics 101: Free Rider | SterlingTerrell.net

Economics 101: Free Rider


As referred to in economics, what is a free rider?

A Free Rider is a person that receives benefits, but does not pay for them.

Two textbook examples are unions and fireworks.

One who does not pay union dues, but receives union benefits is a free rider.

Also someone that peeks over the fence and enjoys a fireworks show for free is a free rider.