Market Failure in Policing?

From: N Sent: Saturday, September 14, 2019 1:10 AM To: Walter Block <wblock@loyno.edu> Subject: Market Failure? Dear Dr. Block, In Minneapolis there has been a big uptick in crime due to a rising population along with cuts to the police force. Do you see this uptick as a market failure as no private security forces have come in to fill the gap? At what point in the crime rate do we have to say that the market has failed? Dear Nathan: My answer to this one is that this is not “market failure” rather, rising crime is government failure. It … Continue reading Market Failure in Policing?