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Failure of Free-Market Economics

by Martin Feil, John Spooner

Current affairsEconomic systems and theories, economic historyEconomic conditionsFree enterpriseGlobal Financial Crisis, 2008-2009

The basic concept behind free-market economics was simple and seductive: the government should not attempt to pick winners by granting assistance to specific industries, and it should only intervene in the market in circumstances where there has been a substantial market failure.

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For young readers

Book data: Open Library