Bureaucracy Quote by George Carlin

“The typical undergraduate microeconomics textbook describes cases where markets are unlikely to produce efficient outcomes. These textbooks often claim that, in principle, government intervention…

— Jason Brennan

Piracy often reflects market failures on the part of producers rather than moral failures on the part of consumers.

— Henry Jenkins

But our energy woes are in many ways the result of classic market failures that can only be addressed through collective action, and government…

— Sherwood Boehlert

Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to…

— Walter E. Williams

Business schools are failing to teach the students about the risks of market failures. We need to include some material on market failures in…

— Pankaj Ghemawat

I do tend to think that things that have incredibly long time horizons often do involve market failures.

— Peter Thiel

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance.…

— Nouriel Roubini

My citizen activism is a direct outgrowth of a classical and fiscally conservative training in economics at Harvard. It is a perspective rooted in…

— Peter Navarro

The Founding Fathers set up a system that heavily relied upon self-reliance and competition, with only a small dose of government intrusion.

— Bill O'Reilly

Antitrust is the way that the government promotes markets when there are market failures. It has nothing to do with the idea of free…

— Bill Gates

As the great naturalist Charles Darwin saw clearly, individual and collective interests often coincide, as in the invisible hand narrative. But he also saw…

— Bob Frank

Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the…

— Paul Ormerod