#diffusion of ideas

The huge differences in the coverage of government failure versus market failure in 23 leading Principles of Economics – James Gwartney and Rosemarie Fike

23 leading Principles of Economics texts reveals huge differences in the coverage of government failure versus market failure

On average, the coverage of market failure in the 23 texts is nearly six times that of government failure.

As a result of the omission of public choice, many current students of economics are presented a naïve and largely fallacious view of government…