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Kuttner's Imperfect Take On Imperfect Markets


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KUTTNER'S IMPERFECT TAKE ON IMPERFECT MARKETS

Referring to "This just might be the dream team of economics" (Economic Viewpoint, Apr. 5), Robert Kuttner seems confused on the subject of imperfect markets. To achieve growth, it is vital that businesses have a right to fail, not just succeed. You make a mistake, you move on. When the government makes a mistake, it never goes away.

Scott C. Johnston

Hong Kong


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