Economists fully expect governments to get hands on with markets, and indeed, some structure is useful. Property rights and rule of law help markets to function more efficiently. With basic order markets are good at discovering prices and getting investments, products, and services where they are needed most.
Politicians Meddling in Markets Gets Messy
Economists fully expect governments to get hands on with markets, and indeed, some structure is useful. Property rights and rule of law help markets to function more efficiently. With basic order markets are good at discovering prices and getting investments, products, and services where they are needed most.
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