After a careful reading of Chapter 14, please view the following videos and comment on the primary economic factors that favored the North in the Civil War. What, if anything, might the South have done to gain an economic advantage?
Thursday, February 24, 2011
Wednesday, February 16, 2011
A Central Bank for the United States
Thomas Jefferson referred to a central bank as "a menace to the liberties of the people". Andrew Jackson vetoed the recharter of the Second Bank of the US. Alexander Hamilton had a very different view of a central bank. After a careful reading of chapter 12, please post your comments on which of the three had the best argument either for or against a central bank and why.
Wednesday, February 2, 2011
Commerce Clause of the Constitution
After reading the Constitution, either from the link on this blog or from the copies distributed in class, please comment on the following:
Article I, Section 8 contains what is commonly referred to as the Commerce Clause. The tenth amendment to the Constitution deals with the issue of states rights. Historically, the courts have upheld a broad range of legislation based upon the wording of the Commerce Clause. Passage of the Affordable Healthcare Act hinged upon an even broader interpretation of the clause. Following a suit filed by 26 states, a Federal court in Florida this week held that the law is unconstitutional. Here are two of the arguments: first, since the individual mandate requires all citizens to make a purchase of health insurance, it opens the potential floodgates to control other behavior--from the food you eat to what cars you drive or where you choose to live as examples. There is nothing in the Commerce Clause that grants that much authority to Congress. Second, healthcare is a states rights issue as interpreted from a reading of the tenth amendment.
What are your thoughts?
Article I, Section 8 contains what is commonly referred to as the Commerce Clause. The tenth amendment to the Constitution deals with the issue of states rights. Historically, the courts have upheld a broad range of legislation based upon the wording of the Commerce Clause. Passage of the Affordable Healthcare Act hinged upon an even broader interpretation of the clause. Following a suit filed by 26 states, a Federal court in Florida this week held that the law is unconstitutional. Here are two of the arguments: first, since the individual mandate requires all citizens to make a purchase of health insurance, it opens the potential floodgates to control other behavior--from the food you eat to what cars you drive or where you choose to live as examples. There is nothing in the Commerce Clause that grants that much authority to Congress. Second, healthcare is a states rights issue as interpreted from a reading of the tenth amendment.
What are your thoughts?
Wednesday, January 26, 2011
State of the Union 2011
Attached is the transcript of the State of the Union Address for 2011. After reviewing the transcript, please comment on any similarities you see between the present economy and the colonial period. Have we learned anything from our own history? You may also want to review the Republican response or other related articles (there are links within the transcript).
http://www.npr.org/2011/01/26/133224933/transcript-obamas-state-of-union-address?ps=cprs
http://www.npr.org/2011/01/26/133224933/transcript-obamas-state-of-union-address?ps=cprs
Thursday, January 20, 2011
Chapter 4 Assignment
After reading Chapter 4 in the text, please post comments to the following questions: what were the immediate and long term potential impacts of the Early Navigation Acts on the colonial economy? Were some colonies impacted more than others, and if so, why?
Thursday, January 6, 2011
Economic Insight 2.2
After you have read Chapter 2, please read the Economic Insight 2.2 on pages 38-39. Please post your comments on what factors favored British dominance of North America.
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