Two kinds of government failure

posted by
January 24, 2012
Foundation for Economic Education
by Sandy Ikeda  
Posted in Commentary

"We use the term 'government failure' to refer to interventions that systematically make things worse than they were before; where the cure is somehow worse than the disease. To those of us who study interventionism, however, there are actually two meanings of government failure. Two quotations illustrate my point." (01/24/12)  

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