Rethinking Market Failure
Don challenges the concept of market failure, arguing that it is problematic to label it as such when the necessary foundations of functioning markets are absent. He also questions the inclusion of unequal income distribution as a market failure, sparking a discussion on how to address societal issues collectively.In this clip
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EconTalk
Don Boudreaux on Market Failure, Government Failure and the Economics of Antitrust Regulation
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