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sharonfaith30 sharonfaith30
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A year ago
Most economists who study "public choice theory" now agree that an important possible source of "government failure" is

▸ that politicians and civil servants have their own objectives that may conflict with the national interest.

▸ that most civil servants are incompetent.

▸ that it is not possible for civil servants to determine the allocatively efficient provision of government services.

▸ politicians are incompetent or corrupt.

▸ governments govern undemocratically.
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Microeconomics

Microeconomics


Edition: 17th
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kayekalicokayekalico
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A year ago
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sharonfaith30 Author
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A year ago
This calls for a celebration Person Raising Both Hands in Celebration
kh540941
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Yesterday
Good timing, thanks!
foxrcng11
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2 hours ago
Brilliant ツ
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