PPOG 502 Discussion 2 Liberty University Answers
Thread: In this module/week, you have discussed problems in policy-making as a follow up to several modules/weeks, in which you discussed the price system and government intervention. Consider the following questions:
- Under what conditions (if any) should the government intervene in the market?
- Should the government provide public goods? If so, how would the government know how much of the public good to provide?
- How could government intervention be constrained or controlled so that rent-seeking and the personal goals of policy-makers do not result in bad policy?