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Does Market Failure Justify Government Intervention? (with Michael Munger)

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Manage episode 424053816 series 1606
Content provided by Library of Economics and Liberty and Russ Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Library of Economics and Liberty and Russ Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Economics students are often taught that government should intervene when there is market failure. But what about government failure? Should we expect government intervention to outperform market outcomes? Listen as Duke University economist Michael Munger explores the history of how economists have thought about this dilemma and possible ways to find a third or even fourth option beyond government or markets.

  continue reading

955 episodes

Artwork
iconShare
 
Manage episode 424053816 series 1606
Content provided by Library of Economics and Liberty and Russ Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Library of Economics and Liberty and Russ Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Economics students are often taught that government should intervene when there is market failure. But what about government failure? Should we expect government intervention to outperform market outcomes? Listen as Duke University economist Michael Munger explores the history of how economists have thought about this dilemma and possible ways to find a third or even fourth option beyond government or markets.

  continue reading

955 episodes

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