EUI Working Paper: SPS, Volumes 4-10European University Institute, 1993 - Europe |
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Page 8
They provide a set of rationales for government interventions acceptable , in
principle , even to the advocates of a liberal economic order . They are : 1 . ... Two
further rationales for government intervention not related to market failure are : 7 .
They provide a set of rationales for government interventions acceptable , in
principle , even to the advocates of a liberal economic order . They are : 1 . ... Two
further rationales for government intervention not related to market failure are : 7 .
Page 9
Thus an analytic distinction between social regulation and social policy may be
drawn on the basis of the rationales for government intervention . Social
regulation ( health and safety , environment , consumer protection ) attempts to
solve ...
Thus an analytic distinction between social regulation and social policy may be
drawn on the basis of the rationales for government intervention . Social
regulation ( health and safety , environment , consumer protection ) attempts to
solve ...
Page 10
legitimize government intervention on political and moral grounds , even at some
loss in economic efficiency . The second argument for government intervention in
a Pareto - efficient economy arises from concern that individuals may not act in ...
legitimize government intervention on political and moral grounds , even at some
loss in economic efficiency . The second argument for government intervention in
a Pareto - efficient economy arises from concern that individuals may not act in ...
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