Dear Class
Please comment on any aspect of the film that moved, surprised or outraged you.
You must us two concepts regarding government failure, market failure or neo-classical economics that we have discussed in class, in your blog.
For example, how might the privatization of the war in Iraq be an example of rent-seeking, principal agent failure, monopoly, or absence of regulation? if there were other government failures, please discuss.
What could government have done differently?. Is there a policy proposal that you could make to correct some of the failures of the privatization of the Iraq War?
Minimum 250-300 words.
Link for the Movie
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