Too Few, Not Too Many
Posted in Market Failures on Jun 5th, 2012
Last week I rambled on about Michael Sandel's argument that markets were too prevalent today. I disagree. Take this example. I live in a small, sleepy suburban development – about 200 houses were built on old farmland here about 50 years ago, most homes are on 1/4 acre plots, most homes are mid-sized split-level ranch-ish […]
