2min chapter

EconTalk cover image

Don Boudreaux, Michael Munger, and Russ Roberts on Emergent Order

EconTalk

CHAPTER

The Negatives of Market Failure

Donna Brazile: I would have more confidence in their judgment if they gave evidence that they actually understand how markets work. She says the language is often couched in market failure terms. "I think a lot of this language reveals that these people don't really understand the way the market works," she says.

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