Skip to content
Welcome To Our Store.
100,000+ Products for Home, Medical, Office & Classroom Needs
Search
Skip to product information
1 of 2

Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance - Paperback

$44.91 USD
$44.91 USD
Sale Sold out
Shipping calculated at checkout.
In stock (100 units), ready to be shipped

Available Offers

Fast delivery available on most orders

Multiple secure payment options accepted

Secure checkout with
  • American Express
  • Apple Pay
  • Diners Club
  • Discover
  • Google Pay
  • Mastercard
  • PayPal
  • Shop Pay
  • Visa

Flight Range: Up to 1,000 meters (3,280 feet)

Maximum Speed: 45 kilometers per hour (28 miles per hour)

For all orders exceeding a value of 100USD shipping is offered for free.

Returns will be accepted for up to 10 days of Customer’s receipt or tracking number on unworn items. You, as a Customer, are obliged to inform us via email before you return the item.

Otherwise, standard shipping charges apply. Check out our delivery Terms & Conditions for more details.

View Product Details
Shopping cart
Product Product subtotal Quantity Price Product subtotal
Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance - Paperback
Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance - Paperback
Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance - Paperback
$44.91/ea
$0.00
$44.91/ea $0.00

Product Description

by Clifford Winston (Author)

A Brookings Institution Press and American Enterprise Institute publication

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.

Author Biography

Clifford Winston is a senior fellow in Economic Studies at the Brookings Institution. Among his previous books are "Deregulation of Network Industries: What's Next?" coedited with Sam Peltzman (AEI-Brookings, 2000), and "Alternate Route: Toward Efficient Urban Transportation," cowritten with Chad Shirley (Brookings, 1998).

Number of Pages: 146
Dimensions: 0.37 x 9 x 6.06 IN
Publication Date: October 26, 2006
you might like