public policy: market failure. government & markets

Download Public Policy: Market Failure. Government & Markets

If you can't read please download the document

Upload: anna-alexander

Post on 20-Jan-2018

216 views

Category:

Documents


0 download

DESCRIPTION

Market Failure A capitalist economy is build on markets, but we need to be realistic about what markets are good at doing, their limits, and when the market does harm. We also have to be honest in recognizing the limits to government intervention in the name of addressing market failures