Why do most capitalist states engage in some regulation of the economy, and where do we see regulation in the United States? Include discussion of specific legislation
Answer:
An ideal response will:
1. Include a general discussion of regulation, including the need to minimize abuses and promote healthy competition.
2. Discuss areas where business activities may create unfair advantages for certain industries that try to gain control of their sector of the market.
3. Provide specific examples of regulation in the United States, including but not limited to OSHA, the Clean Air Act, child labor laws, consumer safety laws, and antitrust legislation.
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Using quasi-experiments to draw causal inferences in field experiments
A) may give us less than high confidence but will still give us more information than not experimenting at all. B) is more costly and more time consuming than answering the same question in the laboratory. C) is based on new statistical procedures. D) All of the above
Kirshner categorizes the current financial order as "market fundamentalism." Identify a feature included in the author's definition of this phrase
a. unlimited growth of the U.S. financial sector b. the dismantling of existing financial regulations c. the conservatizing of finance at home and abroad d. free and unsupervised markets, including financial markets, always know best e. the free market is the only viable source of creativity and innovation.