Iraq for Sale Documentary Analysis

Description

Please watch the video ” Iraq for sale”

Then,

I. Analyze the privatization of the war by answering the question below:

You must use two concepts regarding government failure, market failure or neo-classical economics that we have discussed in class,.

For example, how might the privatization of the war in Iraq be an example of Rent-seeking, principal-agent failure, monopoly, or absence of regulation? If there is a different market or government failure, please discuss.

What surprised you? What outraged you?

https://youtu.be/Eb4GICcaReQ

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