market failure

Gun Culture and Market Failure

In 2008-2009, there were 39 fatal injuries from crimes involving firearms in England and Wales. In America, there were 12,000 fatal injuries from crime involving firearms. The population of America is six times bigger than England and Wales.There are many who say the solution to gun crime in the US, is to have more guns. A republican Congressman stated, if only school teachers were armed, the Newtown tragedy could have been averted or at least death…