Government Intervention

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The Virtue of Market Inefficiency

NOVEMBER 14, 2012 by SANDY IKEDA

Freeman readers know markets excel at creating new efficiencies and improving everyone's lives in the process. The inefficiencies they create might be even more interesting, says Sandy Ikeda.

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Klinging to Reality

OCTOBER 25, 2012 by DONALD BOUDREAUX

Market failure, thought a slippery concept, does not necessarily call for government intervention. On the contrary, markets are better than political institutions at minimizing the frequency and severity of poor decision-making.

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AUGUST 29, 2012
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