libertarianism is self-refuting (user search)
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  libertarianism is self-refuting (search mode)
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Author Topic: libertarianism is self-refuting  (Read 18344 times)
Bono
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« on: July 09, 2008, 03:28:05 PM »

Standard monopoly theory as taught to undergraduates in Introduction to Microeconomics assumes government is a perfect agent who only has society's general interest in mind. There are enough insights from Public Choice theory to show that the choice is not between a market failure and a correction by government, but between a market failure and a government failure.
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