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StuartO O

World's most expensive drug - which costs up to $700,000 per year - too expen... - 0 views

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    Here is an example of a market failure. The pharmaceutical drug is being sold at a price too high for consumers. The Canadian government plans to impose a price ceiling on the good.
Benndorf J

Guest Editorial: Free trade and protectionism don't mix - 1 views

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    This article talks about Dairy farmers in Ottawa, Canada. They protested against upcoming concessions (lower tarrifs) for the import of Diary, which would allow Canadians to buy more foreign cheese than they can now. However, that would mean that the local diary farmers sell less cheese.
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