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When should government intervene in market activity? When is it best to let market forces simply take their natural course? How does existing empirical evidence
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A Brookings Institution Press and American Enterprise Institute publication When should government intervene in market activity and when is it best to let marke
Market Failure, Government Failure, Leadership and Public Policy
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A global wave of reform is fundamentally reshaping the role of the state in national economies. This book provides a fresh and accessible perspective on the pol
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After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive gov
Government Failure
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When market forces fail us, what are we to do? Who will step in to protect the public interest? The government, right? Wrong. The romantic view of bureaucrats c