Monday, September 23, 2013

Can Government fix "Market Failures"?

In a series of videos, Dr. Mark Pennington explains on how Government is not able to correct "market failures" better than allowing the "market" to "correct" itself. There are three videos, watch all three and listen closely to his logical argument on why this is true.  He explores the Economic sub discipline known as "Public Choice" to demonstrate why Government is not efficient in correcting "Market Failure"

Part 1:

Part 2:

Part 3: