It's truly pleasant to read The Economy 2.0 - Microeconomics. Although it is still defining market failures as Pareto-inefficiencies, it's cool it reflects Pareto-efficiency *and fairness* as two important criteria to evaluate allocations
https://www.core-econ.org/the-economy/microeconomics/05-the-rules-of-the-game-03-evaluating-institutions-outcomes.html
https://www.core-econ.org/the-economy/microeconomics/05-the-rules-of-the-game-03-evaluating-institutions-outcomes.html
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https://www.youtube.com/watch?v=r7vzgexzXOk