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Conservative analysts believe that the government is unable to efficiently maximize consumer surplus in times of market failure. Those on the Liberal or Keynesian side believe that the government alone has the power to intervene in order to correct the market. Do you believe that the market should be left alone to correct itself or should the government intervene to fix market challenges? Be detailed and use specific examples either from history or current events in your answers.

 

Government regulation is, at times, a result of market failure. The marketplace can often create efficiencies naturally through supply and demand. Unfortunately gaps of inefficiencies result in market dislocations. Thus,  governments believe they can regulate markets more effectively than the market itself, if left alone. Your written assignment this week is to detail in a  3 page Word document/paper and accompanying PowerPoint whether recent regulations enacted through the “Dodd-Frank Wall Street Reform and Consumer Protection Act” of 2010 have truly protected consumers. A visual of either the positive or negative effects of the Act must be included. Remember to use proper APA formatting and citations.

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