The World According to Hayekian Insights
An interesting stuff!I agree with the third view. For me, markets seem to fail sometimes. However, most cases are due to transaction costs and government does not have any advantage in replacing markets. Markets fail, but government is even worse. So, let's use markets.
Post a Comment
1 comment:
An interesting stuff!
I agree with the third view. For me, markets seem to fail sometimes. However, most cases are due to transaction costs and government does not have any advantage in replacing markets.
Markets fail, but government is even worse. So, let's use markets.
Post a Comment