Crash Course Economics
tv show

35 total episodes
-
1 seasons
First Aired July 08, 2015
Genres:
Overview
In which Adriene Hill and Jacob Clifford teach you all about economics.
Market Failures, Taxes, and Subsidies
Season 1 - Episode 21 - 0h 10m
Air Date
January 22, 2016
Overview
This week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a good or service efficiently, that's a market failure. When markets fail, often governments step in to provide those services. Stuff like public education or military protection are good examples of market failures. So, what are some of the ways governments address, market failures? Well, it's funny you should ask, as we also talk about that in this episode. We'll get into taxes and subsidies and externalities and a bunch of other important stuff this week on Crash Course Econ.