tag:blogger.com,1999:blog-6297413898275266606.post241115637465247..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: The Ubiquity Of Market Failurehishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6297413898275266606.post-80569042642671468822013-06-21T14:56:22.846+08:002013-06-21T14:56:22.846+08:00Jason,
Even assuming perfect information, the lab...Jason,<br /><br />Even assuming perfect information, the labour market is far from perfectly competitive. While reducing friction via greater information dispersion would certainly help bring labour supply and demand better in line with each other, I don't think that alone will sort out all the distortions in the labour market.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-48398887445695648292013-06-21T09:43:41.796+08:002013-06-21T09:43:41.796+08:00Still struggling with what Government's see as...Still struggling with what Government's see as 'Too big to fail' for Mark's no.5 and no.7.<br /><br />Do you judge by employment (American car industry?), technological competitiveness (what would happen if Google or Apple were to fail? or if patents from Lockheed suddenly wind up in the hands of the North Koreans) or just the size of the systemic economic risk (banks with overly Jasonhttps://www.blogger.com/profile/03517459200735545587noreply@blogger.com