Public Choice, Market Failure, and Government Failure in Principles Textbooks

Autor/inn/en	Fike, Rosemarie; Gwartney, James
Titel	Public Choice, Market Failure, and Government Failure in Principles Textbooks
Quelle	In: Journal of Economic Education, 46 (2015) 2, S.207-218 (12 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0022-0485
DOI	10.1080/00220485.2014.1002962
Schlagwörter	Textbooks; Economics Education; Failure; Government (Administrative Body); Free Enterprise System; Politics; Resource Allocation; Textbook Content + Suchen Sie Ihr Suchwort? Textbook; Text book; Schulbuch; Lehrbuch; Wirtschaftskunde; Government; Regierung; Freie Wirtschaft; Politik; Ressourcenallokation; Lehrbuchtext
Abstract	Public choice uses the tools of economics to analyze how the political process allocates resources and impacts economic activity. In this study, the authors examine twenty-three principles texts regarding coverage of public choice, market failure, and government failure. Approximately half the texts provide coverage of public choice and recognize the presence of both government and market failure. The coverage of market failure is nearly six times that of government failure. Given the size and scope of government, analysis of the strengths and weaknesses of both market and political allocation is important to student understanding of modern economies. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01