market failure
40 episodes mention this concept
FreakonomicsApr 10, 2026Beeconomics 101: The Sticky Business of Honey Fraud, Pollination, and Market Failure
EconomicsNegative externalitiesPositive externalitiesFood fraudEconomic motivated adulteration (EMA)- FreakonomicsFeb 20, 2026
Unlocking Hidden Cures: The Economics and Science of Drug Repurposing
HealthDrug repurposingBalamuthia mandrillarisInvestigational New Drug (IND) applicationCastleman disease 
EconomicsExplainedAug 26, 2025Is the Survival of Humanity Economically Viable? An Economist's Perspective on Energy, Climate, and Prosperity
EconomicsEnergy TrilemmaGeopolitical ShocksGlobal WarmingEconomic Prosperity
hubermanlabJun 9, 2025Reforming Public Health and Scientific Funding: A Discussion with NIH Director Dr. Jay Bhattacharya
ScienceLife expectancy stagnationPublic trust in scienceLockdownsMask mandates
NewEconomicThinkingMay 21, 2025Governing the Invisible Economy: Digital Rights, Market Structures, and Global Governance in the Age of Intangibles
EconomicsErosion of privacyHuman rights in the digital ageMonopolistic/Oligopolistic firm structureAlgorithmic accountability- NewEconomicThinkingMay 2, 2025
The Viability of Nonprofit Models for Developing Drugs for Neglected Diseases of Poverty
HealthDiseases of povertyNeglected tropical diseasesMarket failureMulti-drug resistant tuberculosis (MDR-TB) - NewEconomicThinkingApr 2, 2025
The Evolving Landscape of Drug Innovation Funding: Government, Industry, and Non-Profits
EconomicsBasic science investmentCommercializationMarket failureDiseases of poverty - EconomicsExplainedAug 20, 2023
Comparative Economic Systems: Testing Capitalism vs. Communism Through Economic Twins
EconomicsMicroeconomicsMacroeconomicsScientific Method in EconomicsControlling Variables - NewEconomicThinkingMay 17, 2023
Controlling Technology's Future: A Thousand-Year Struggle for Shared Prosperity
EconomicsDigital transformationGenerative AIEconomic polarizationJob displacement - NewEconomicThinkingMar 22, 2023
The Big Myth of Market Fundamentalism: How American Business Shaped Our View of Freedom
EconomicsMarket FundamentalismPropaganda CampaignMarket FailureChild Labor - NewEconomicThinkingMar 1, 2023
The Constitutive Role of Law and Politics in the Economy: An LPE Perspective
EconomicsLaw and Political Economy (LPE)Legal RealistsOriginal Institutional EconomistsPre-political economy - NewEconomicThinkingAug 10, 2022
Reimagining Market Structures for Progressive Ends: Unrigging the System
EconomicsMarket riggingIntellectual property rights (IPR)Wealth accumulationPolitical power - NewEconomicThinkingMay 2, 2022
Universal Property: A Solution to Capitalism's Twin Flaws of Inequality and Environmental Destruction
EconomicsUniversal propertyMarket failureWealth inequalityEnvironmental destruction - NewEconomicThinkingApr 27, 2022
Misdiagnoses and False Solutions: Why Conventional Economics Has Failed on the Climate Crisis
EconomicsClimate crisisGlobal emissionsGlobal heatingIntergovernmental Panel on Climate Change (IPCC) - NewEconomicThinkingFeb 16, 2022
Beyond Rationality: Deconstructing Behavioral Economics and Paternalism
EconomicsDecision-making failureMarket failureBehavioral biasesCognitive biases - NewEconomicThinkingNov 12, 2021
The Urgent Need for Climate Reparations and a Just Transition in Africa
EconomicsClimate reparationsClimate debtLoss and damageAdaptation and resilience costs - EconomicsExplainedOct 26, 2021
China's Energy Crisis: A Market Failure Revealing Energy's True Economic Value
EconomicsRolling blackoutsMarket failureEnergy liberalizationPricing regulation - NewEconomicThinkingAug 6, 2021
The Obscene Obstacles: Intellectual Property, Corporate Greed, and the Global Vaccine Distribution Crisis
EconomicsIntellectual Property (IP) RightsTRIPS Waiver (Trade-Related Aspects of Intellectual Property Rights)World Trade Organization (WTO)Global Vaccine Inequity - NewEconomicThinkingFeb 10, 2021
The State's Entrepreneurial Role in Driving Technological Innovation, Beyond Market Failure Theory
EconomicsWelfare economicsMarket failureEfficient allocation of resourcesNeoclassical framework - NewEconomicThinkingFeb 10, 2021
Venture Capital and the Economics of Innovation at the Technological Frontier
FinanceVenture CapitalEconomics of InnovationTechnological FrontierSchumpeterian Waste - EconomicsExplainedJan 7, 2021
Why Global Stock Shortages Persist: Beyond the Virus, Supply Chains, Demand Shifts, and Market Failures
EconomicsSupply chain managementProfit motiveGlobal supply chainsFractional share ownership - EconomicsExplainedNov 12, 2020
The Economic Failure of the War on Drugs and the Case for Decriminalization
EconomicsWar on DrugsSupply and DemandMarket EquilibriumDemand Inelasticity - NewEconomicThinkingOct 29, 2020
AI, Work, and Inequality: Designing a More Equitable Future in the Digital Age
EconomicsDigitization of everythingArtificial Intelligence (AI)Digital goods (free, perfect, instant)Job displacement - EconomicsExplainedOct 22, 2020
Beyond Supply and Demand: Understanding Sticky Prices, Market Rigidities, and Real-World Economics
EconomicsSupply and DemandPerfect MarketMarket InefficiencySticky Prices - EconomicsExplainedSep 4, 2020
The Multi-Billion Dollar Resale Luxury Goods Market: Veblen Goods, Artificial Scarcity, and Investment Dynamics
EconomicsResale luxury goods marketAlternative investmentsSupply and demandArtificial scarcity - NewEconomicThinkingAug 23, 2020
Adair Turner on the COVID-19 Crisis: A Supply-Side Shock, Policy Responses, and its Implications for Trust in Expertise and Climate Change
EconomicsSupply-side shockDemand-side collapseFiscal stimulusAggregate demand - NewEconomicThinkingAug 23, 2020
The Fragility of the 'Ferrari Economy' and the Urgency of Global Cooperation in a Pandemic Era
EconomicsGlobal CooperationGeopolitical ConfrontationExternalitiesMarket Imperfections - NewEconomicThinkingAug 23, 2020
The Pandemic's Economic Shock: Reassessing Market Faith, Government's Role, and the Future of Globalization with Nelson Barbosa
EconomicsCOVID-19 crisisLockdownDisaster reliefIncome insurance - NewEconomicThinkingAug 23, 2020
George Akerlof on Economics' Sins of Omission: The Imperative of Collective Action and 'We' in Crisis
EconomicsSins of OmissionExternalitiesUtility FunctionEconomic Equilibrium - NewEconomicThinkingJun 17, 2020
Fostering Innovation: Addressing Underrepresentation, Policy Levers, and Market Dynamics
EconomicsInventor pool underrepresentationLost Einstein/Marie Curie effectSupply-side innovation policiesDemand-side innovation policies - NewEconomicThinkingJun 16, 2020
Reevaluating the US Policy Response to the COVID-19 Pandemic: Failures, Lessons, and Future Directions
EconomicsSupply-side shockDemand-side shockV-shaped recoveryU-shaped recovery - NewEconomicThinkingJun 16, 2020
Extreme Climate Change in a Post-COVID-19 World: Political Futures and Economic Transformations
Science1.5-degree targetIPCC reportCarbon emissions reductionPolitical economic arrangements - NewEconomicThinkingDec 11, 2019
The Evolving Role of the State in Economics: Market Failure, Government Failure, and the Case for Pluralism
EconomicsMacroeconomicsGovernment policyMonetary gains/lossesNational identity - NewEconomicThinkingDec 11, 2019
The Inescapable Politics of Economics: Five Reasons Why Economics is Political Economics with Ha-Joon Chang
EconomicsPolitical economicsGovernment economic policyLaissez-faireMarket failure approach - NewEconomicThinkingDec 11, 2019
Ha-Joon Chang: Deconstructing the Neoclassical 'Individual' and its Economic Implications
EconomicsMethodological individualismIndividualist visionEconomic freedomMarket mechanism - NewEconomicThinkingDec 11, 2019
The Nature of Economics: Challenging Neoclassical Dominance and Advocating for Pluralism
EconomicsNeoclassical economicsClassical economicsAustrian school of economicsRational choice theory - NewEconomicThinkingOct 23, 2019
A Hereditary Meritocracy: Rebalancing State, Markets, and Community for Sustainable Capitalism
EconomicsHereditary MeritocracyMarket FailureTechnological ChangeEqual Opportunity - NewEconomicThinkingNov 21, 2018
The Marketization of Citizenship: A Critique of Selling Passports and Immigration Rights
EconomicsMarket allocationCitizenship by auctionDemocratic equalityInstrumental good - NewEconomicThinkingMay 9, 2018
Price Gouging, Self-Interest, and Social Welfare in Emergencies
EconomicsPrice gougingMarket equilibriumSelf-interestGreed - NewEconomicThinkingMar 7, 2018
The Entrepreneurial State: Redefining Government's Role in Driving Innovation and Value Creation
EconomicsEntrepreneurial StateMarket Failures (critique of)Public ValueMission-Oriented Innovation
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