23 leading Principles of Economics texts reveals huge differences in the coverage of government failure versus market failure
On average, the coverage of market failure in the 23 texts is nearly six times that of government failure.
As a result of the omission of public choice, many current students of economics are presented a naïve and largely fallacious view of government and the power of economics to explain the presence of debt financing, unfunded promises, special interest spending, and the institutional environment underlying economic growth and development.
Krugman’s textbook does not mention government failure at all!
Via Economicsone
Utopia, you are standing in it! 
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