Market Corrections Not Government Interventions: A Path to Improve the US Economy

The choice of whether to recommend a market solution or a government intervention to address an economic or social problem is the eternal issue of public policy analysis. Throughout the decades, academics, policymakers, and the public have alternated between market-friendly and market-skeptical perspectives. But do these shifting views accurately reflect our knowledge about market and government performance?

In this book, Clifford Winston examines the extensiveness as well as the persistence...