Robert Frank on Economics Education and the Economic Naturalist
EconTalk
Don Boudreaux talks with host Russ Roberts about when market failure can be improved by government intervention. They discuss the evolution of economic thinking about externalities and public goods and the government's role in promoting competition via antitrust regulation. Boudreaux argues that the origins of antitrust had nothing to do with protecting consumers from greedy monopolists but rather came from competitors looking for relief from more successful rivals.
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