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  Market Failures, Taxes, and Subsidies

  The video explains the free rider problem of free markets (2020).
  

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  Market Failures, Public Goods, and Externalities

  The Library of Economics and Liberty offers a combination of resources for students and teachers (USA 2020).
  

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  When Markets Fail

  Students need to understand the conditions under which a competitive market fails to produce the socially-optimal quantity of a good or service.They also need to know what steps a government can take to correct a negative externality. (USA: EconEd 2020)
  

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  Market Failures and Government Regulation: Is the Cure Worse than the Disease?

  Economic efficiency is something much more than producing goods at the lowest possible cost. In involves providing individuals with the goods and services they desire, in the quantities, qualities, places, and times they desire them, with the least use of society’s scarce resources. In America, antitrust laws forbid the use of certain practices that are detrimental to ...
  

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