Government failure is the leading cause of resource misallocation in the United States and in every other country in the world because it encompasses the vast array of economic, social, and even foreign policy interventions that adversely affect an economy.

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Defining and Measuring Government Failure

  • Clifford Winston

摘要

Government failure is the leading cause of resource misallocation in the United States and in every other country in the world because it encompasses the vast array of economic, social, and even foreign policy interventions that adversely affect an economy.