The Myths of Market Failure

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Selected Literature on Market Failure Mythology compiled by Thomas J. DiLorenzo

Further reading:

The Theory of Market Failure: A Critical Examination edited by Tyler Cowen

Market Failure or Success: The New Debate edited by Tyler Cowen & Eric Crampton

The Limits of Government: An Essay on the Public Goods Argument by David Schmidtz

Toward a Reconstruction of Utility and Welfare Economics by Murray N. Rothbard (Chapter 17 in Economic Controversies)

“Collective Goods” and “External Benefits”: Two Arguments for Government Activity by Murray N. Rothbard (Chapter 12, Appendix B in Man, Economy, and State)

Law, Property Rights, and Air Pollution by Murray N. Rothbard (Chapter 20 in Economic Controversies)

The Polluter Pays Principle: A Proper Guide for Environmental Policy by Roy Cordato

A Theory of the Theory of Public Goods by Randall G. Holcombe

National Defense and the Theory of Externalities, Public Goods, and Clubs by Walter Block (Chapter 9 in The Myth of National Defense: Essays on the Theory and History of Security Production)

Public Goods and Externalities: The Case of Roads by Walter Block (Chapter 3 in The Privatization of Roads and Highways)

Coase and Demsetz on Private Property Rights by Walter Block

Pareto Optimality, External Benefits and Public Goods: A Subjectivist Approach by Barry P. Brownstein

The Voluntary City: Choice, Community, and Civil Society edited by David T. Beito, Peter Gordon & Alexander T. Tabarrok

A Critique of Neoclassical and Austrian Monopoly Theory by Dominick T. Armentano (Chapter 6 in New Directions in Austrian Economics)

Antitrust: The Case for Repeal by Dominick T. Armentano

Antitrust and Monopoly: Anatomy of a Policy Failure by Dominick T. Armentano

Perfect Competition: A Case of “Market-Failure” by William Barnett II, Walter Block & Michael Saliba