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added market failure - now at 27-54-109-220 by century!
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|1923
 
|1923
 
|inefficient or useless activity that has the false appearance of being productive; a favorite endeavor of liberals
 
|inefficient or useless activity that has the false appearance of being productive; a favorite endeavor of liberals
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|[[market failure]]
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|1958<ref>Coined as the title of a scholarly article by Francis M. Bator, "The Anatomy of Market Failure," ''The Quarterly Journal of Economics'' (1958) [http://instruct1.cit.cornell.edu/Courses/econ335/out/bator_qje.pdf]
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|instances where the free market does not provide a desirable result, as when information is withheld from an unsuspecting consumer
 
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|manifest destiny
 
|manifest destiny
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