The failure of free-market economics /
Failure of free market economics
Martin Feil, with illustrations by John Spooner.
- 1st ed.
- Carlton North, Vic. : Scribe, c2010.
- 266 p. : ill. ; 24 cm.
The basic concept behind free-market economics was simple and seductive: the government should not attempt to pick winners by granting assistance to specific industries, and it should only intervene in the market in circumstances where there has been a substantial market failure.