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Market Failure
Issue
1
#137888
Markets often fail, with and without government regulation. Without the external insertion of authority, markets only produce what individuals collectively demand.
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VSI: Problem Jostle »
VSI: Problem Jostle
VSI: Problem Jostle☜Task: to arrive at subject matter and membership of small working groups. ☜F1CEB7
▲
Phase 1: Generate SIs »
Phase 1: Generate SIs
Phase 1: Generate SIs☜Attach Statements of Importance (SIs) here. 1) Review existing SIs. 2) Attach unique SIs to Phase1: Generate SIs 3) add similar SIs as satellite circles to the SI they are similar to. See details for further instructions.☜FFB597
■
Market Failure
Market Failure☜Markets often fail, with and without government regulation. Without the external insertion of authority, markets only produce what individuals collectively demand. ☜FFB597
●
acceleration in business cycles/stock trading/CEO turnover »
acceleration in business cycles/stock trading/CEO turnover
acceleration in business cycles/stock trading/CEO turnover☜confluence of these trends favor short-termism☜EBF6F7
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Externalities »
Externalities
Externalities☜Social costs that firms create during production that they do not absorb. Despite Coase Theorem, this still amounts to a social cost for someone to bear. ☜FFB597
●
Innovation for Climate Change »
Innovation for Climate Change
Innovation for Climate Change☜Mitigation of climate change is not possible without technological innovation. But firms invest in tech innovation to increase revenues or reduce costs. Market alone will not generate the tech innovations needed to prevent dangerous climate change.☜FFB597
●
Market Demand and Sustainability »
Market Demand and Sustainability
Market Demand and Sustainability☜If individuals do not demand sustainability, how can markets provide it?☜FFB597
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Entered by:-
Neil Harrison
NodeID:
#137888
Node type:
Issue
Entry date (GMT):
2/5/2012 1:34:00 AM
Last edit date (GMT):
2/5/2012 1:34:00 AM
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