WHY LIMIT GOVERNMENT?AN INTRODUCTION TO THE STUDY OFGOVERNMENTFAILUREFROMPUBLIC CHOICEPERSPECTIVE

The theory of government failure developed by public choice economists isalso called “the non-market failure theory”. The government failure theoryin short, explains the negative results of the regulations andinterventionsmade by the state to the economy. As market failure exist...

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Bibliographic Details
Main Author: Coskun Can Aktan, PhD
Format: Article
Language:English
Published: Social Sciences Research Society 2017-07-01
Series:International Journal of Economics and Finance Studies
Online Access:http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/IJEF_2017_2/c-aktan.pdf