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Fall 2014

ISSN Hugo Eyzaguirre

Volume 29, Number 3

Categories: Fall 2014 | Economic Education

Textbook Confessions: Government Failure

Hugo Eyzaguirre, Northern Michigan University

Tawni Hunt Ferrarini, Northern Michigan University

J. Brian O’Roark, Robert Morris University

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TextbookConfessions:GovernmentFailureHugoEyzaguirre∗NorthernMichiganUniversityTawniHuntFerrariniNorthernMichiganUniversityTheJournalofPrivateEnterprise29(3),2014,159–175J.BrianO’RoarkRobertMorrisUniversity______________________________________________________AbstractWhatstudentslearninthePrinciplesofEconomicscoursemaybecomethepermanentlensthroughwhichtheyviewandunderstandhowtheeconomyworks.Whilemosttextbookscoveracoreofmaterialinaconsistentmanner,thesamecannotbesaidforthetreatmentofgovernmentfailure.Wereviewtwelveprinciplesofeconomicstextbookstoanalyzethetreatmentgiventogovernmentfailure.Ouranalysisshowsthatauthorsfallshortinadequatelyaddressingthistopic,therebyexposingstudentstothefallacythatgovernmentisthesolutiontomarketfailureanddrawingdangerouslyclosetothelinebetweenpositiveandnormativeanalysis.______________________________________________________JELCodes:A22,D72,D73Keywords:Economiceducation,Governmentfailure,PublicchoiceI.IntroductionThePrinciplesofEconomicscourseservesasanintroductiontothedisciplineforeconomicsmajors.Itisalsolikelytobetheonlyencounternonmajorswillhavewiththefield.Whattheylearnmaybecomethepermanentlensthroughwhichtheywillobserveandunderstandhowtheeconomyworks.Therefore,theprinciplescourseneedstobesimpleenoughtofosterasolidunderstandingof∗WethankparticipantsinsessionsattheAssociationofPrivateEnterpriseEducation2013conference,the2013PublicChoiceSocietymeetings,andtheAmericanEconomicAssociation2013ConferenceonTeachingforhelpfulcomments.Thestandarddisclaimerapplies.159

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Metadata [hide]

Title	Textbook Confessions: Government Failure
Authors/Creators:	Hugo Eyzaguirre, Northern Michigan University Tawni Hunt Ferrarini, Northern Michigan University J. Brian O’Roark, Robert Morris University
Year:	2014
Volume:	29
Number:	3
Pages:	159 - 175
Publisher:	The Association of Private Enterprise Education
ISSN:	Hugo Eyzaguirre
Document Type:	Articles
Keywords:	Economic education, Government failure, Public choice

Citation:
Eyzaguirre, Hugo; Hunt Ferrarini, Tawni; O’Roark, J. Brian / 2014. "Textbook Confessions: Government Failure." The Journal of Private Enterprise, 29(3): 159-175.