Challenging Market Failure in a Climate-Vulnerable Community: How La Playa Produces Its Own Public Goods
A fundamental paradigm of our political economy is that government has an ethical and moral obligation to intervene when markets fail. The paradigm is central to the Market Failure Doctrine. The doctrine recognizes that rational self-interest produces undesirable externalities. It advances welfare economics on the… Read More »Challenging Market Failure in a Climate-Vulnerable Community: How La Playa Produces Its Own Public Goods








