Given the events regarding Wall Street over the last couple years and the financial health of our economy, this week's discussion question is on the current economic turmoil. Based on what you learned in Chapter 3 and in Chapter 17, and based on the 2 roles of government in a market driven economy (actor and referee): What referee roles should the government play without jeopardizing a market-driven economy? As always, you may approach this discussion question from any angle you prefer. You may approach it from the standpoint of the banks/insurance companies that have been "bailed out", you can approach it from a national debt standpoint, and you can even approach it from a socialist vs. capitalist approach. Just remember to tie your discussion back to what, in your view, the role of government should be.
Completed Solution is attached. Click on Buy button and then download file to get full solution.