"Careful study of how markets work has led microeconomists to the conclusion that government should typically leave markets alone. Except in certain well-defined cases, government intervention in markets usually leaves society as a whole worse off. There are, to be sure, important tasks for microeconomic policy-ensuring that markets perform well and intervening appropriately in the well-defined cases in which markets don't work well. But the area of microeconomics, in general, suggests a limited role for government intervention."
Page 141 of Macroeconomics by Paul Krugman and Robin Wells
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