Politicians have a strong incentive to follow a strategy that will enhance their
Politicians have a strong incentive to follow a strategy that will enhance their
Politicians have a strong incentive to follow a strategy that will enhance their chances of getting elected and re-elected. Political competition more or less forces them to focus on how their actions influence their support among voters and political contributors. <
<
What is market failure, and what kinds of things can lead to market failure? What is government failure? Can government failure lead to market failure? <
<
Review concepts like shortsightedness and rent seeking. What are the effects of government intervention in markets with some of the price regulations like price floors and price ceilings?

Leave a Reply

Your email address will not be published.