Climate change and government regulation
posted by Alfred Igbodipe , Mar 27, 2016, 1:42 PM
The global warming controversy is an ongoing dispute about the effects of humans on global climate and about what policies should be implemented to avoid possible undesirable effects of climate change. There are two options to resolving this issue – government intervention that sets emission caps or market-based solution in which market forces – demand and supply eventually corrects the situation.
From a socioeconomic and environmental perspective, which alternative do you think would yield the most desirable result? Examine this from the perspective of both the consumer and manufacturers.
http://econlib.org/library/Columns/y2009/Murphyclimate.html
Fed Response to 2007-8 Financial Crisis
posted by Alfred Igbodipe , Mar 27, 2016, 2:04 Pm
The financial crisis of 2007-2008 consisted of an unprecedented rise in mortgage loan defaults, the collapse or near collapse of several major financial institutions, and the generalized freezing up of credit availability.
What are some of the policies the Fed implemented in response to this financial crisis? Do you think these policies were successful ion accomplishing their set goals?
Functions of Federal Reserve
posted by Alfred Igbodipe , Mar 27, 2016, 1:48 PM
- What are the key functions and responsibilities of the Federal Reserve?
- Why is it very critical that the Fed is established as an independent agent of the government
Fundamental principles of market system
posted by Alfred Igbodipe , Mar 27, 2016, 2:19 PM
How does the market system answer the five fundamental questions of what to produce, how to produce, who obtains the output, how to adjust to change, and how to promote progress?
On April 23, 1985, Coca Cola introduced a new Coke with a smoother, sweeter taste — similar to Diet Coke, but sweetened with corn syrup. Why did Cocas Cola choose to change their century old formula? What fundamental characteristics of the market system did Coca Cola ail to consider?
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