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April 30, 2007

Market Failure

George Will explains why Howard Dean supports a return to the "Fairness Doctrine."

"I believe we need to re-regulate the media," says Howard Dean. Such illiberals argue that the paucity of liberal successes in today's radio competition—and the success of Fox News—somehow represent "market failure." That is the regularly recurring, all-purpose rationale for government intervention in markets. Market failure is defined as consumers' not buying what liberals are selling.

Posted by Tom Bowler at 12:02 PM | Permalink

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» The Return of Fairness to the Media from A Second Hand Conjecture
Often I am told how certain people value tolerance. The most irritating are a certain species of left/liberal/progressive. If it doesnt apply to you, please dont be offended. This species claims it is tolerant based on certain beliefs the... [Read More]

Tracked on Apr 30, 2007 6:24:59 PM

» "Market failure" from Maggie's Farm
The term Market failure has become a fashionable phrase for things that somebody claims require government intervention in the economy.In my opinion, there is no such thing as market failure, given time, fair competition, and hone [Read More]

Tracked on May 10, 2007 6:15:09 AM

Comments

I recently posted that Putin is retaking control of the media in Russia. The U.S.S.R. is trying to return in Russia. Of course Dean wants the same here.

Posted by: Ol' BC | Apr 30, 2007 10:07:18 PM