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Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance - Clifford Winston
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Clifford Winston:
Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance - nuovo libro

ISBN: 9780815793908

ID: 978081579390

When should government intervene in market activity and when is it best to let market forces take their natural course? How does the existing empirical evidence about government performance guide our answers to these questions? In this clear, concise book, Clifford Winston offers his innovative analysis ?shaped by thirty years of evidence ?to assess the efficacy of government interventions. Markets fail when it is possible to make one person better off without making someone else worse off, thus indicating inefficiency. Governments fail when an intervention is unwarranted because markets are performing well or when the intervention fails to correct a market problem efficiently. Winston concludes from existing research that the cost of government failure may actually be considerably greater than the cost of market failure: My search of the evidence is not limited to policy failures. I will report success stories, but few of them emerged from my search. The prevalence of market failure is due to a lack of conviction in favor of markets, the inflexibility of intervening government agencies, and political forces that enable certain interest groups to benefit at the expense of society as a whole. Winston suggests that government policy can be improved by making greater use of market-oriented solutions that have already produced benefits in certain situations. Clifford Winston, Books, Business and Finance, Economics, Free Enterprise, Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance Books>Business and Finance>Economics>Free Enterprise, Brookings Institution Press

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Government Failure Versus Market Failure: Microeconomics Policy Research and Government Performance - Winston, Clifford
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Winston, Clifford:
Government Failure Versus Market Failure: Microeconomics Policy Research and Government Performance - libri usati

ISBN: 9780815793908

ID: 3457886

When should government intervene in market activity and when is it best to let market forces take their natural course? How does the existing empirical evidence about government performance guide our answers to these questions? In this clear, concise book, Clifford Winston offers his innovative analysisshaped by thirty years of evidenceto assess the efficacy of government interventions. Markets fail when it is possible to make one person better off without making someone else worse off, thus indicating inefficiency. Governments fail when an intervention is unwarranted because markets are performing well or when the intervention fails to correct a market problem efficiently. Winston concludes from existing research that the cost of government failure may actually be considerably greater than the cost of market failure: My search of the evidence is not limited to policy failures. I will report success stories, but few of them emerged from my search. The prevalence of market failure is due to a lack of conviction in favor of markets, the inflexibility of intervening government agencies, and political forces that enable certain interest groups to benefit at the expense of society as a whole. Winston suggests that government policy can be improved by making greater use of market-oriented solutions that have already produced benefits in certain situations. Government Failure Versus Market Failure: Microeconomics Policy Research and Government Performance Winston, Clifford, Brookings Institution Press

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Government Failure versus Market Failure - Clifford Winston
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Clifford Winston:
Government Failure versus Market Failure - nuovo libro

ISBN: 9780815793908

Clifford Winston,Hardcover, English-language edition,Pub by Brookings Institution Press and American Enterprise Institute for Public Policy Research Textbooks New Books ~~ Business & Economics~~ Free Enterprise Government-Failure-versus-Market-Failure~~Clifford-Winston Brookings Institution Press and American Enterprise Institute for Public Policy Research When should government intervene in market activity and when is it best to let market forces take their natural course? How does the existing empirical evidence about government performance guide our answers to these questions? Here, the author offers his analysis to assess the efficacy of government interventions.

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Government Failure versus Market Failure: Microeconomic Policy Research and Government Performance - Clifford Winston
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Clifford Winston:
Government Failure versus Market Failure: Microeconomic Policy Research and Government Performance - libri usati

ISBN: 9780815793908

ID: 515389002

Brookings Institution Press and American Enterprise Institute for Public Policy Research. Used - Good. Former Library book. Shows some signs of wear, and may have some markings on the inside. 100% Money Back Guarantee. Shipped to over one million happy customers. Your purchase benefits world literacy!, Brookings Institution Press and American Enterprise Institute for Public Policy Research

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Government Failure vs. Market Failure - Winston, Clifford
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Winston, Clifford:
Government Failure vs. Market Failure - nuovo libro

ISBN: 9780815793908

ID: 275776

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 about government performance inform those decisions? Brookings economist Clifford Winston uses these questions to frame a frank empirical assessment of government economic intervention in Government Failure vs. Business Business eBook, Brookings Institution Press

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Dettagli del libro
Government Failure Versus Market Failure: Microeconomics Policy Research and Government Performance

When should government intervene in market activity and when is it best to let market forces take their natural course? How does the existing empirical evidence about government performance guide our answers to these questions? Here, the author offers his analysis to assess the efficacy of government interventions.

Informazioni dettagliate del libro - Government Failure Versus Market Failure: Microeconomics Policy Research and Government Performance


EAN (ISBN-13): 9780815793908
ISBN (ISBN-10): 0815793901
Copertina rigida
Anno di pubblicazione: 2006
Editore: BROOKINGS INSTITUTION
130 Pagine
Peso: 0,372 kg
Lingua: eng/Englisch

Libro nella banca dati dal 14.06.2008 20:12:01
libro trovato per l'ultima volta il19.03.2017 18:36:57
ISBN/EAN: 9780815793908

ISBN - Stili di scrittura alternativi:
0-8157-9390-1, 978-0-8157-9390-8


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