Tag Archives: Public Value Failure
Market Failure, Public Value Failure
When the two failures occur simulatanously, you have a serious problem. See What you don’t know about a drug can hurt you in the WSJ. “What’s happening in oncology is happening in all other fields of medicine,” says study co-author … Continue reading
Filed under Market Failure, public failure
Cybersecurity – Market Failure or Public Values Failure or both?
The Center for Strategic and International Studies is delivering a report, “Securing CyberSpace for the 44th President,” which notes, among other things, : “We believe that cyberspace cannot be secured without regulation,” The report, which offers guidance to the Obama … Continue reading
Filed under cybersecurity, Market Failure, Policy
Recession – Market Failure?
a search using the terms “is recession market failure” referred someone to this site. It is a question to study — and to discuss whether public values failure contributed to the market failure.
Filed under Economies, Uncategorized
Public Values – Legislation
A letter to the editor in the AJC (which does not support permalinks — so this link will die) raises some issues about a law in Georgia requiring a “comprehensive character education program” (see O.C.G.A. § 20-2-145). (a) The State Board … Continue reading
Filed under Government, public failure, public values
Market Failure – Public Value Failure : An Intersection
When you have a program, such as the one described in this NYT article on private Medicare insurance, that relies on the market to solve a public value problem, and that program fails — you end up in the total … Continue reading
Filed under Market Failure, Policy
Gold(man) Standard – Market Failure
The big 5 investement bankers asked for a rule change at the SEC — that this article said created a situation where the information that might have predicted the current crisis became invisible. The man representing Goldman Sachs at the … Continue reading
Filed under Market Failure, Policy
