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Recent examples of government failure in markets

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the_boss69:
What are some recent examples of government failure in markets? The textbook is very limited in regards to this topic

Chelsea f.c.:
Kevin Rudd's home insulation and the Murray darling basement scheme may be seen as a failure

S200:
Minimum wage and negative gearing are the two main ones that my teacher gave me...
Basically, it's Government intervention resulting in failure.
Minimum wage causes a lowering of productivity.
Negative gearing lowers taxation revenue.

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