Problem
Institutional economists define economics as the study of how people use institutions to socially interact in the process of extracting materials from the biophysical world to produce and exchange goods and services to reproduce culture and better the human condition. If you accept this definition of economics, under what conditions is government intervention in the market acceptable? (Institutionalist)
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.