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Regulatory bodies, deregulation and the direct provision of goods and services
This video explains how regulatory bodies, deregulation and direct provision help correct market failure.
Behavioural insights and nudge theory
This video explores how behavioral insights and nudge theory can be used to reduce market failure.
Equity vs efficiency
This video explains the difference between equity and efficiency.
Maximum and minimum prices (applied)
This video explains how the government uses price stabilization policies such as minimum and maximum prices to affect market outcomes.
Buffer stock schemes
This video explains how buffer stock schemes work.
Means tested benefits and transfer payments
This video discusses means-tested benefits and transfer payments.
Progressive income tax
This video explains how progressive income tax systems operate.
Inheritance and capital gains tax
This video explains how inheritance and capital gains taxes are collected to redistribute wealth.
Negative income tax
This video explores how a simple negative income tax might work.
Proportional and regressive taxes
This video explains how proportional and regressive taxes work.
Poverty trap analysis
This video explores poverty trap analysis.
Intergenerational equity
This video explains what intergenerational equity is.
The Lorenz curve and Gini coefficient
This video discusses the Lorenz curve and Gini coefficient.
