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Efficiency and Externalities in an Open-Ended Universe by Roy Cordato

Efficiency and Externalities in an Open-Ended Universe

Efficiency and Externalities in an Open-Ended Universe by Roy Cordato
Efficiency and Externalities in an Open-Ended Universe by Roy Cordato
Publisher: Ludwig von Mises Institute 2007
ISBN/ASIN: B001C36LPM
Number of pages: 160
The problem of externalities and efficiency is cited relentlessly in mainstream literature as the great rationale for government intervention. The Austrian tradition, however, takes another approach, viewing these supposed problems as having market solutions that depend on a view of economics rooted in an understanding of the competitive process.
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