Why government to perform better than private sector
There is a tendency to turn problems of market failure over to the government. However, a representative democracy has failings of its own. Should we always expect government to perform better than the private sector in solving economic problems?
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the article " Crush Animal Cruelty" by Kathleen Parker
Discuss the rationale for government regulation of firms with market power. Is regulation in the consumer's interest or in the producer's interest and how might this control special interest groups?
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How does this transaction affect the Investment in Ricardo account that appears on DeMilo's financial records?
However, a representative democracy has failings of its own. Should we always expect government to perform better than the private sector in solving economic problems?
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What will be the impact of this change on the equilibrium real rate of interest and the level of saving and investment if the interest rate elasticity of household saving is zero?
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