Discussion Board Thread (My Original Response)
This week, you will answer the questions based on the Barr text and the Wiki on the Affluent Society.
1 What should the role of government be during difficult economic situations?
2 Should the government intervene in market failures? Argue for or against and use the current economic crisis to explain your argument.
3 Do you believe that definitions of poverty and inequality can only be determined based on value judgments? Discuss and provide evidence and substantiate your response with appropriate references.
Sources to Use to Answer the Questions:
*Nicholas Barr “Economics of the Welfare State” 5th ed, ONLY chapters 3-5 MUST be used as sources/citations/in-text citations to help support your answers
*”The Fluent Society” at http://abridge(dot)me(dot)uk/doku.php?id=the_affluent_society
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