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Government Failure versus Market Failure: Microeconomic Policy Research and Government Performance

by Clifford Winston

ISBN-10: 9780815793908
ISBN-10: 0-8157-9390-1
ISBN-13: 9780815793908
ISBN-13: 978-0-8157-9390-8
Hardcover
2006-11-01
Brookings Institution Press and American Enterprise Institute for Public Policy Research


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Editorials


Product Description
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.

Reviews


Highly recommended.
Written by Clifford Winston (senior fellow in Economic Studies, Brookings Institution), Government Failure Versus Market Failure: Microeconomics Policy Research and Government Peformance examines three decades of empirical evidence in search of the answers to a critical question: When should government intervene in market activity, and when is it better to allow market forces to operate without interference? Chapters discuss such topics as antitrust regulations, policies intended to correct market failures, common Achilles heels of social goals policies, and much more. Drawing heavily upon the accumulated data, Government Failure Versus Market Failure strives to give today's economic policymakers and politicians recommendations for optimal success in future strategies to promote optimal well being both in terms of social and free-market interests. Highly recommended.


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