History of market failure – José Luis Gómez-Barroso
I liked this history, sharing it on my blog (from an encyclopedia), with coloured annotations. == Economic literature usually awards Bator (1958) the merit of having coined (or of at least having used it for the first time in a publication) the term “market failure,” defined as the failure of a more or less idealized […]
Source: https://www.sabhlokcity.com/2023/10/history-of-market-failure-jose-luis-gomez-barroso/
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