Government failures, Friedman argued, were greater and more terrible than market failures.

There are many reasons for market failures.

It must be composed and operate in a way which avoids the failings of the past.

Of course, its failures are mainly the result of our failures.

Netanyahu also knows that the Arab side s failures have nurtured radical Zionism.

We have had important peacebuilding successes, but we have also seen too many failures.

Governments were inept. The kinds of people who staffed governments were the kinds of people who liked ordering others around.

At worst, labor market failures impose modest inefficiency costs on society, whereas capital market failures harm society greatly, with workers, rather than the perpetrators of financial disaster, suffering the most.

The current balance of probabilities is that two years from now, the North Atlantic s principal labor market failures will not be demand side market failures that could be easily remedied by more aggressive policies to boost economic activity and employment.

Instead, it has enabled America s failures to spread around the world, like a contagious disease.

Structuralists typically advised governments to adopt import substitution strategies, using public sector intervention to overcome market failures.

The odds also favor terrorists, in that one success can compensate for multiple failures.

The many successes of the United Nations make our failures failures which have at times been catastrophic all the more inexcusable.

I fail all the time, every day, and I've had some whopping failures, I promise, big, public, humiliating, embarrassing failures.

Nobel laureate Amartya Sen attributed the European crisis to four failures political, economic, social, and intellectual.

Rather, they will be structural market failures of participation that are not amenable to any straightforward and easily implemented cure.

But, whatever Mao s terrible failings, during his years of absolute power there was a sense of common purpose and solidarity that went with shared hardship.

But, whatever the failures of particular British legislators, the issues go further than merely allowing voters to throw the rascals out.

The truth is that a country s past failures do not influence investors if its current institutions and economic policies are sound.

Misguided regulation or market failures that harm competition anywhere can burden the entire economy.

America s failures provide important lessons to countries around the world, which are or will be facing increasing problems with their banks

Let there be no doubt if Cubans are jobless or hungry, it is because of the failings of the current Government.

Market failures or claims of unmet need are not sufficient to prescribe government intervention in the private economy, because the cure may be worse than the disease.

In the language of economists, there are far too many market failures in finance for these prices to be a good guide for resource allocation.

The countries of North Africa and the Middle East should learn from East Asia and Northern Europe, and take pains to avoid the failures of the US.

So property rights rely on courts and legal enforcement, and markets depend on regulators to rein in abuse and fix market failures.

Instead, Western central banks have had to confront market failures, fragmented financial systems, clogged monetary policy transmission mechanisms, and sluggish growth in output and employment.

The media, unsurprisingly, have feasted upon the failures of T5 in London, while neglecting the successes of T3 in Beijing.

One of the biggest failures of the eurozone periphery is a loss in competitiveness, hidden by a wall of credit that has been leveraged from Germany s balance sheet.

If they do not want to repeat the failures of past administrations, they will be well advised to do what none of Obama s predecessors have tried.

It was important for United Nations communicators to remind their audiences that the success or failure of the United Nations should not be viewed through the prism of a single issue.

There will be setbacks and false starts. There are many who won't agree with every decision or policy I make as president. And we know the government can't solve every problem.

The problem is that regulation is unlikely to eliminate completely market failures the competition stability trade off can be ameliorated, but not eliminated.

With regard to disarmament and non proliferation issues, we have witnessed a succession of setbacks beginning with the failures of the United Nations Disarmament Commission and the Review Conference of States Parties to the Treaty on the Non Proliferation of Nuclear Weapons (NPT).

Second, there are policy failures, which occur when undisciplined macroeconomic policies and inconsistent or ineffective financial regulatory policies heighten the risks associated with volatile capital flows.

First, there are market failures, which occur when, for example, investors display herd behavior, information asymmetries exist, or the structure of incentives for investment managers encourages excessive risk taking.

We couldn t agree more. The systemic crises in food, fuel, and finance that came to a head in 2008 and that are ongoing in many countries have their roots in an economic paradigm that has not accounted for the value of nature and its array of life supporting services.

After all, although modern market economics provides a sound framework for policymaking as Chinese bureaucrats are eagerly learning the idea of a planned economy emerged in the nineteenth century as a counter orthodoxy to address market failures.

When citizens become so outraged that their voting decisions may be affected by politicians failure to improve investor protection, public demand for governance reform can overcome the power of vested interests.

To address the issue of information market failure, UNCTAD and the International Chamber of Commerce have been working for a number of years on a joint project called Investment guides and capacity building for least developed countries .

Ultimately, it is only by redressing and removing underlying causes of violence and insecurity, which stem from failures of governance and public administration to provide overall protection to citizens from fear and want, that stability and security can be obtained.

Climate change is not a partisan issue, and climate policy is essentially market based. It is about correcting market failures so that markets and entrepreneurship can play their proper role of ensuring innovation and efficient resource allocation.

Issues that could be addressed in this connection concern further corporate involvement in overcoming information market failures with regard to investment and business opportunities in developing countries and corporate participation in risk mitigation schemes.

If an international force simply allows Ehud Olmert s government to pursue its plans further, the countries that provide troops for the international force will not only be seen as rubberstamping Israeli policy, but will also be dragged into its failure.

In Ireland and Spain, private bondholders, not Irish and Spanish taxpayers, should have taken the hit from bank failures. In Greece, there should have been faster and larger debt write downs.