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1. The belief in medieval times of how the exchange of goods should be determined was different from hovn.r market societies function today. Explain the

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1. The belief in medieval times of how the exchange of goods should be determined was different from hovn.r market societies function today. Explain the difference. 2. What is the argument for enforcing price-gouging laws? What are the underlying values of this argument? 3. What is the freemarket economics argument against pricegouging laws? What are the underlying values of this argument? 4. Do the categories of \"supply\" and \"demand" and how this relationship purportedly works accurately relate to the distribution of goods in a disaster situation like Hurricane Charley? Why or why not? 5. Page 63ande1 organises his book according to 3 different categories: welfare, freedom and virtue. He believes that all arguments about what the meaning of justice is. t into one of these three categories. Most chapters in the book give an overview of one method used for making decisions. Each method ts into one of the se categories above. 5. According to Sande], the standard case for unfettered markets rests on two claimsname and explain using the 3 categories. 2?. What are the arguments against unfettered marketsI using the 3 categories? 3. How does Sandel explain the place of "outrage" as a moral source? 9. How does the discussion of outrage relate to Sandel' s 3 categories? 1D. What arguments might someone make if they fit into the \"virtue\" category? 1 1. How does Sandel describe the differences between ancient theories of 3 ustlce and modern theories of jusn'ce? Do you understand this? 12. According to Sande]. what is the Purple Heart argument really about? 13. How are the underlying values of the welfare, freedom and virtue categories dierent? 14. What arguments were given for and against bailing out some companies during the nancial crisis? 15. Do you think the companies should have been baed out? Why or why not? Into which category do your arguments fall in Sandel's conguration? What are the strengths and weaknesses of your arguments? 13. What arguments were given for and against giving executive bonuses? 1?. Do you think the executives should have been given bonuses? Why or why not? Into which category do your arguments fall in Sandel's conguration? What are the strengths and weaknesses of your arguments? 13. What is the role of"mora1 desert\" in people's arguments on the bailoutfbonuses topic? 19. Should CED's make 34% times the pay of the average worker? Why or why not? Into which category do your arguments fall in Sandel's conguration? What are the strengths and weaknesses of your arguments

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