Imperfect\asymmetric information ernie ball electric strings
You’re welcome to your opinion that the faculty are blindly swimming m-steel ernie ball in neo-liberalism and that none of them have realised it yet. Overlooking the fact that an awful lot of modern macro uses the outcome of a perfect social planner as an ideal benchmark for analysis,
Thanks for advertising the information. If I ever fall ernie balls into the money I would certainly consider the option of UCD MA. It sounds like a formidable challenge for guys like myself, but it is no harm to have goals and targets in life. BOH. A good grounding in graduate economics should teach you that the world is complex and sloganeering is rarely the best way to figure out how the things should be organised.
Imperfect\asymmetric information — people often have to make decisions without access to full information. Imperfect and asymmetric information can lead to markets for things like healthcare breaking down or working very imperfectly — we all want to have health insurance but private health insurers would like to only insure the patently healthy. This can lead such markets to break down altogether.