Economic Update: How Markets Fail

This episode provides updates on Johnson Controls Corporation evading taxes, Disney being sued over its abuse of the H-1B visa system, French workers striking against austerity and against “socialist” government. We also respond to listeners’ questions on tax-subsidies for churches and lessons from Israel’s kibbutz experience. We also have major discussions about five major market failures, and a major change in the UK Labor Party’s policy favoring worker co-ops.

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