"remedy failures" is a grammatically correct and commonly used phrase in written English
It means to correct or fix failures or mistakes. Some examples of when it can be used are: - "We must find a way to remedy our past failures and improve our performance." - "The government has implemented new policies to remedy the failures of the previous administration." - "It is important to have a plan in place to remedy failures and prevent them from happening again in the future."
In a modern, interconnected economy, activist government policies to remedy market failures are essential.
If not, the new proposals will fall short of aspirations and will not remedy past failures.
Just providing coverage, however, will not remedy the failures of decision-making and execution that are hobbling American health care.
Gov. Rick Perry of Texas has ordered a reorganization of the state agency supervising troubled elderly people, as investigators move to remedy its failures.
Seeking to remedy market failures, they championed countercyclical monetary and fiscal policies (including, when necessary, sizable stimulus programs), public investments in infrastructure and education, progressive taxation, and a strong social safety net.
As a defender of public interventions to remedy market failures in a land where government is fast becoming a dirty word, it was refreshing to visit somewhere that takes pride in its official activism, and which draws some of its very smartest youngsters into the government sector.
"We've made mistakes in the past in the Newark, CA lab, but when the company was made aware of the deficiencies we have dedicated every resource to remedy those failures," Theranos spokesperson Brooke Buchanan told TechCrunch in a statement.
Unfortunately, this rationale provides little specific guidance in areas where it is not possible or desirable to remedy market failures in the generation or distribution of technology by more extensive assignment or enforcement of property rights.
"These stays give the court opportunities to remedy the failures of past death penalty practices for which Texas has been roundly criticized".
Theranos had responded to some of the Centers for Medicare and Medicaid Services concerns, saying last month, "We've made mistakes in the past in the Newark, Calif., lab, but when the company was made aware of the deficiencies we have dedicated every resource to remedy those failures".
Criticism of the market failure notion and of using government to remedy market failure's effects has been articulated in the public choice school of economics.
