Winston on Market Failure and Government Failure

Winston on Market Failure and Government Failure

Desde: EconTalk
0 0 hace 10 años
Clifford Winston of the Brookings Institution talks about the ideas in his book, Market Failure vs. Government Failure, with EconTalk host Russ Roberts. Winston summarizes a large literature on antitrust, safety regulation and environmental regulation. He finds that government regulation often fails to meet its objectives. While markets are imperfect, so is government. Winston argues that idealized theories of government intervention based on textbook theories of market failure are not the way ... Más informaciones

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