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Here is a great interactive video from the WSJ that explains some of the finer details of the new healthcare law. Based on this video could you: write a normative and a positive economic statement? Distinguish the implications this video has in terms of efficiency and equity? One of the most polarizing debates in economics and politics usually comes about when government aid is brought up. In this article from the WSJ a few positive economic statements are stated based on data from the Census Bureau. Is anything from this report striking to you? Does the normative decision of should the government increase aid during a recession depend on income level, occupation, race, or some other factor? How are ethics and normative economics related?
This is a great post about a student aid program you may know of or be involved with. You'll recognize in this statement two important concepts from our class,
"...popularity aside, the equity and efficiency of the program are questionable at best." I feel I must note that there is more than one way to skin a cat. On what other grounds would you cite the work study program as inefficient (not mentioned by the author)? Or, do you think the current system works well and needs no change? |
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July 2017
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