On the Limitation of Intervention by the Economic Law in "Government Failure"
Lianjun Li
Abstract
Lianjun Li
Abstract
The fundamental cause of the economic law is to overcome Market Failure,not Government Failure.The government failure problems can not be settled by economic law,otherwise,it will hinder the derelopment and improvement process of economic law.In fact,the economic law is the rule of intervention by government,but not the law of intervention in government.
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The fundamental cause of the economic law is to overcome Market Failure,not Government Failure.The government failure problems can not be settled by economic law,otherwise,it will hinder the derelopment and improvement process of economic law.In fact,the economic law is the rule of intervention by government,but not the law of intervention in government.
Key concepts: Government failure, Economic interventionism, Government (linguistics), Economic law, Intervention (counseling), Market failure, Business, Process (computing)