Most blatantly, it did not quantify benefits, and — despite extensive
discussion of administrative costs — ignores the broader potential negative impacts or social costs.
Covers the concept
of government failure, with thorough explanations and good examples, including
discussions of the following reasons for government failure: Imperfect Information Conflicting Objectives
Administrative Cost Market Distortions and introduction to Public Choice Theory Very concise (only 11 slides total), this is a good introductory PPT at a good introductory price!