Markets Don't Fail!

Markets Don't Fail! addresses many of the popular arguments made by economists and other intellectuals against the free market. Using numerous examples as well as moral and epistemological arguments, this book claims that free market economies raise the standard of living of all individuals who live in them, and allow human life to flourish.

Preface

ix

Acknowledgments

xi

Introduction

1

(4)

Capitalism, Socialism, and the Mixed Economy

5

(26)

Monopoly

31

(32)

The Antitrust Laws and Predatory Pricing

63

(22)

Externalities

85

(16)

Regulation of Safety and Quality

101

(36)

Environmentalism

137

(34)

Economic Inequality

171

(10)

Public Goods

181

(8)

Asymmetric Information

189

(12)

Epilogue

201

(10)

Bibliography

211

(4)

Index

215

(6)

About the Author

221

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

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Summary

Table of Contents

Supplemental Materials