Institutional economists define economics as the study of how people use institutions to socially interact in the

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Institutional economists define economics as the study of how people use institutions to socially interact in the process of extracting materials from the biophysical world to produce and exchange goods and services to reproduce culture and better the human condition. If you accept this definition of economics, under what conditions is government intervention in the market acceptable? (Institutionalist)

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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