What is Jean Tirole's approach to private interests in economics?
They should be limited
They should not be regulated at all
They should be increased
They should be completely done away with
Answer
Jean Tirole's approach to private interests in economics is that they should be limited. He believes that the private sector is often too focused on maximizing profits, and this can lead to negative consequences for society as a whole. For example, private companies may engage in price-fixing or other anti-competitive practices, which can harm consumers. Tirole argues that governments should intervene in the economy to prevent these problems from occurring.
Mastering the Jean-ius: A Quiz on the Extraordinary Mind of Jean Tirole
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