Problem
After learning about market failures, George states: "Any time the market outcome is Pareto inefficient, government intervention can make everyone better off, at least in principle." Do you agree? Why, or why not? Would you agree with a qualified version of George's claim? If so, what qualifications would you add?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.