Government Failure Versus Market Failure

Government Failure Versus Market Failure

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When should government intervene in market activity? When is it best to let market forces simply take their natural course? How does existing empirical evidence

Government Failure versus Market Failure

Government Failure versus Market Failure

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A Brookings Institution Press and American Enterprise Institute publication When should government intervene in market activity and when is it best to let marke

Government and Markets

Government and Markets

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After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive gov

Government Failure

Government Failure

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When market forces fail us, what are we to do? Who will step in to protect the public interest? The government, right? Wrong. The romantic view of bureaucrats c