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[log in to unmask] (Fred Foldvary)
Sun Jul 16 22:34:50 2006
text/plain (22 lines)
> I'm compiling a list of economic fallacies  
> Hugh Cameron  
  
Here are some:  
  
The fallacy of the necessary trade-off between  
economic efficiency and equity.  
  
The fallacy of market failure for negative  
externalities.  
  
The fallacy of market failure for the provision of  
public goods.  
  
The fallacy of the producer surplus.  
  
The fallacy that the Great Depression was caused by  
the free market.  
  
Fred Foldvary  
  

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