Six recent-ish news stories that can be used to demonstrate government failure. Students have to explain what type of government failure each story is and why. Also includes a lesson powerpoint on government failure.
The answers to the worksheet are as follows:
1. Information failure
2. Unintended consequences
3. Regulatory capture (potentially stemming from information failure)
4. Policy myopia (short termism) and maybe unintended consequences from allowing drivers on the hard shoulder
5. Political self interest and conflicting policies
6. Excessive admin costs and poor value for money
The answers to the worksheet are as follows:
1. Information failure
2. Unintended consequences
3. Regulatory capture (potentially stemming from information failure)
4. Policy myopia (short termism) and maybe unintended consequences from allowing drivers on the hard shoulder
5. Political self interest and conflicting policies
6. Excessive admin costs and poor value for money
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