Market failure and how it can be remedied or minimized Find a current news article (within the last 6 months) that addresses a ‘market failure’ and write a summary covering the following points: a...

Find a current news article (within the last 6 months) that

addresses a ‘market failure’ and write a summary covering the following points:

a Explain the nature of the failure (it may be a failure to

adequately provide a public good, or a failure to distribute income fairly, or

a failure to account for an externality such as pollution)

b Recommend how this failure could be remedied or at least

minimized

c Explain the risks inherent in having the government step

in to compensate for market failure