Making Markets Work – Information Asymmetry
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.muninetworks.org/content/making-markets-work-information-asymmetryAn article about health care in the 2012 November Wired offers a strong reminder of how important smart government policy plays in making markets function well. In the early 1950s, it was nearly impossible to know the value of an automobile. They had prices, yes, but these would differ radically from dealer to dealer, the… Continue reading










