If We Applied Market Failure Theory To The State

So we just finished market failiure in my AS (highschool) economics class, now we are doing government failiure. But skipping ahead in my textbook I noticed that, shockingly, we weren’t applying the same logic to the state as we do to the market! I have rectified this mistake.

Talk about negative externalities! Of course, the problem can be solved with property rights. Or we could tax drone strikes.

http://www.youtube.com/watch?v=J5maguX5x8c

you may find it of some interest