Alain Marciano¿is associate professor of economics at the University of Montpellier and coeditor of¿A Guide to Posner’s Economic Analysis of Law.¿
Steven G. Medema¿is Distinguished Professor of Economics at the University of Colorado at Denver and the author of¿The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas.

Alain Marciano and Steven G. Medema - Market Failure in Context: Introduction

Part 1. Before “Market Failure(s)”: The Failure of the Market System

Nahid Aslanbeigui and Guy Oakes - The British Tariff Reform Controversy and the Genesis of Pigou's Wealth and Welfare, 1903–12

Thomas C. Leonard - Progressive Era Origins of the Regulatory State and the Economist as Expert

Malcolm Rutherford - Institutionalism and the Social Control of Business

Roger E. Backhouse - Economic Power and the Financial Machine: Competing Conceptions of Market Failure in the Great Depression

Bradley W. Bateman - Analyzing Market Failure: Adam Smith and John Maynard Keynes

Part 2. Market Failures: The Post–World War II Narrowing

J. Daniel Hammond - Paul Samuelson on Public Goods: The Road to Nihilism

Marianne Johnson - Public Goods, Market Failure, and Voluntary Exchange

John D. Singleton - Sorting Charles Tiebout

Sebastian Berger - K. William Kapp's Social Theory of Social Costs

David Colander - Framing the Economic Policy Debate

Alain Marciano is associate professor of economics at the University of Montpellier and coeditor of A Guide to Posner’s Economic Analysis of Law. 

Steven G. Medema is Distinguished Professor of Economics at the University of Colorado at Denver and the author of The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas.