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Efficiency and Externalities in an Open-Ended Universe

Efficiency and Externalities in an Open-Ended Universe

"The problem of externalities and efficiency is cited relentlessly in mainstream literature as the great rationale for government intervention. The Austrian tradition, however, takes another approach, viewing these supposed problems as having market solutions that depend on a view of economics rooted in an understanding of the competitive process."...

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More about this material

Material Type:
Open (Access) Textbook
Date Added to MERLOT:
June 15, 2011
Date Modified in MERLOT:
June 15, 2011
Author:
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College General Ed, College Upper Division, Graduate School
Technical Format:
PDF
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
No

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