Material Detail

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."

 

Rate

Quality

  • User Rating
  • Comments
  • Learning Exercises
  • Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material

Browse...

Disciplines with similar materials as Efficiency and Externalities in an Open-Ended Universe

Comments

Log in to participate in the discussions or sign up if you are not already a MERLOT member.