The analysis begins from the origin of the concept of market failure, and continues with an explanation of the reasons why a measure of political economy could worsen market allocation and the level of social welfare. Mention is made of the differences between Europe and the United States regarding the weight of the State in the economy, and of the efforts made by research to give a quantitative measure to government failure
GOVERNMENT FAILURE
DI VITA, Giuseppe
2015-01-01
Abstract
The analysis begins from the origin of the concept of market failure, and continues with an explanation of the reasons why a measure of political economy could worsen market allocation and the level of social welfare. Mention is made of the differences between Europe and the United States regarding the weight of the State in the economy, and of the efforts made by research to give a quantitative measure to government failureFile in questo prodotto:
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