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the destructive effects of unintended consequencesresultfrom government intervention in the economy
checks and balancespreventgovernment interference in the economy
This dead hand of economic correctnesspreventssensible government intervention in the economy
to remedy problems arising from third - party costs and benefits of private activities or transactions(passive) is designedSome government intervention in the economy
Economic conditionspromptedgovernment intervention in the economy
market reformsdesignedto lessen government intervention in the economy
the increasing wage - productivity gap is creating imbalances in the basic supply and demand in the economythereby causingincreased government intervention into the economy
fixed exchange ratesleadto massive government intervention in the economy
the economic distortionsresultingfrom government intervention into the economy
disappointment at the proposal that the federal government invest Social Security funds in the stock marketcould resultin greater government intervention in the economy
These failurespromptgovernment intervention in the economy
the novel 's depiction of the benefits of tradeand the destruction of exchange relationships and productionresultsfrom government intervention in the economy
the novel ’s depiction of the benefits of trade — and the destruction of exchange relationships and productionresultsfrom government intervention in the economy
Both the enormity of needs and the socialist philosophy of the main political party in the government coalitionsledto extreme government intervention in the economy
the history and structure of the parliamentary government system Differentiate between congress and parliament Define economic systems and economic policy Assess issues and factorsinfluencegovernment intervention in the economy
Bastiat ... unintended consequencesresultfrom government intervention in the economy
economic problems(passive) caused byeconomic problems
more problems than it solvescreatesmore problems than it solves
lots of problemswill ... createlots of problems
problems ... inviting further rounds of destructive interventioncausesproblems ... inviting further rounds of destructive intervention
very real and serious problems(passive) are ... caused byvery real and serious problems
problems that provide the justification for more interventioncreatesproblems that provide the justification for more intervention
more harm than goodcreatesmore harm than good
an inefficient allocation of resources and a decline in economic welfare often government failure arises from an attempt to solve market failure but creates a different set of problems it should be remembered many public services arecausesan inefficient allocation of resources and a decline in economic welfare often government failure arises from an attempt to solve market failure but creates a different set of problems it should be remembered many public services are
the problems that allowed for these out - of - control and truly greedy behaviors on Wall Street , by mortgage lenders and by borrowerscausedthe problems that allowed for these out - of - control and truly greedy behaviors on Wall Street , by mortgage lenders and by borrowers
the recoverypreventedthe recovery
an atmosphere of uncertaintycreatean atmosphere of uncertainty
to the misallocation of resources governments may create , rather than remove , market distortionsleadsto the misallocation of resources governments may create , rather than remove , market distortions
economic crisis(passive) caused byeconomic crisis
the world from being as wealthy as the world shouldis preventingthe world from being as wealthy as the world should
multigenerational povertycreatesmultigenerational poverty
to poverty and despairinevitably leadsto poverty and despair
poverty and failurecausespoverty and failure
the 2008 financial crisis(passive) was caused bythe 2008 financial crisis
to a need for more intervention — which may stabilize things at first ... but then creates a new unintended consequence ( or disaster ) and leads to further interventions until , eventually , the economy collapses into all out socialismleadsto a need for more intervention — which may stabilize things at first ... but then creates a new unintended consequence ( or disaster ) and leads to further interventions until , eventually , the economy collapses into all out socialism
distortions and misallocations of capital –(passive) caused bydistortions and misallocations of capital –
all business cycles(passive) are caused byall business cycles
to bad decisionsleadsto bad decisions
to fascismleadsto fascism
to socialism or chaosleadsto socialism or chaos
large increases in unemployment during recessionspreventedlarge increases in unemployment during recessions
The one form of competition that devalues doing well and encourages beating others is(passive) caused byThe one form of competition that devalues doing well and encourages beating others is
to a misallocation of resources – so - called ‘ government failure ’ – a common view that coalesced during the 1980s into what came to be ( disparagingly ) called the ‘ Washington Consensuswould leadto a misallocation of resources – so - called ‘ government failure ’ – a common view that coalesced during the 1980s into what came to be ( disparagingly ) called the ‘ Washington Consensus
to more malinvestment , higher unemployment , and lower growthwill ... leadto more malinvestment , higher unemployment , and lower growth
to favoritism , bribery , kickbacks , inefficiency , waste and corruption led to pressure for a free market with low tariffs , low taxes , less spending and a Laissez - Faire ( hands - off ) governmentledto favoritism , bribery , kickbacks , inefficiency , waste and corruption led to pressure for a free market with low tariffs , low taxes , less spending and a Laissez - Faire ( hands - off ) government
the crash and recessioncausedthe crash and recession
hundreds of past crises(passive) caused byhundreds of past crises
to financial chaos and disasterleadsto financial chaos and disaster
The ' crisis(passive) was caused byThe ' crisis
to inefficient resultsleadsto inefficient results
“ an onslaught of inflationwould create“ an onslaught of inflation
mass unemployment and steep drops in the stock market , which preceded the Crash of 1929to preventmass unemployment and steep drops in the stock market , which preceded the Crash of 1929
the broader damage(passive) caused bythe broader damage
in turning downturs into serious economic criseshas resultedin turning downturs into serious economic crises
almost alwayspreventsalmost always
to more and more government intervention with the result being a US and world wide recession and financial crisisleadingto more and more government intervention with the result being a US and world wide recession and financial crisis