Kindleberger’s study of the Great Depression of the 1930s led him to believe that market economies are sometimes unstable and that nations can get locked into prolonged downturns. Other economists are...

Kindleberger’s study of the Great Depression of the 1930s led him to believe that market economies are sometimes unstable and that nations can get locked into prolonged downturns. Other economists are not convinced. Suppose that you disagree with Kindleberger and that you believe that market-based economies are inherently stable. How would you view the need for international institutions to address the provision of each of the public goods listed in Table 2.5?