Government intervention is often called for when markets do not perform well. Presenters at this event will revisit the important debate about the appropriate role for markets and government. Clifford Winston will summarize his new Joint Center book, Government Failure vs. Market Failure: Microeconomics Policy Research and Government Performance (AEI-Brookings Joint Center, 2006). In his book, Winston describes how government efforts to improve market performance have turned out in practice. He also suggests how to improve government policy. Newt Gingrich will offer his views on how government can and should complement markets.