After reading New View 22.1 on Prohibition (page 401), please comment on the following:
Should the federal government make laws that impact what many view as private, personal behavior?
Libertarians have argued that it is an intrusion on personal liberties and have used the same argument to justify legalization of marijuana and other controlled substances.
What behaviors should or should not the government regulate, and to what extent?
What costs do these rules impose on society?
The purpose of this blog is to provide a forum for SLCC students in ECON 1740 (U.S. economic history) to discuss "insight" segments from the text, access other assignments and to post comments.
Thursday, March 31, 2011
Wednesday, March 9, 2011
Immigration Policy
Immigration policy has been a hot issue both historically as well as today. After reading "New Views" on page 324 of the text and Perspective 18.1 on page 326, please comment on what you would do today to deal with the challenges of both legal and illegal immigration. Also, what are we doing as a state or nation to confront these challenges? Be sure your comments cover all parts of this assignment.
Wednesday, March 2, 2011
Dorothy, the Wizard and the "Silver" Slippers
Okay, so Hollywood takes a little license in it's productions--nothing new there. As we discussed in class, the slippers were silver in the original story, related to the demand to reintroduce silver into the economy's money supply. The link below is the full story by economic historian Hugh Rockoff regarding the allegory of the Wizard of Oz and its historic cast of characters. From your reading of chapter 15 and the article, how might history have been different if the "Cowardly Lion", William Jennings Bryan had been elected, or had they expanded the money supply as the farmers wanted?
Since this is a "what if" question, have some fun and be creative! You may also want to comment on any aspect that was either interesting, new or surprising in light of any childhood experience you had with the Wizard of Oz.
http://cactus.dixie.edu/green/B_Readings/Hugh%20Rockoff%20%20Wizard%20of%20Oz.pdf
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