Question
Consider these normative statements: 1: The U.S. government should enact polices that encourage faster long run economic growth. 2: The U.S. government should enact policies
Consider these normative statements:
1: The U.S. government should enact polices that encourage faster long run economic growth.
2: The U.S. government should enact policies that reduce economic growth...
Task: Make one substantive but succinct post (long in details words) to the Activity 4: Efficiency Arguments Forum. For your post: Pick one of the statements above, start your own thread (title: Statement#) and, based only on your reading in Chapter8, briefly give an efficiency argument in favor of that position.
The chosen statement, or a rewording, can be the first sentence in your post, bolstered with several sentences that bring in facts and/or concepts from the chapter. Criteria: Your post should be in your own words (no quotes). It should be ineffective economic argument (one that is convincing) consisting of (i) at least one normative statement or economic goal bolstered by (ii) at least three positive or factual statements. Your post should be clear (readable) and free of distracting grammatical errors and misspellings. Do not use 'I believe' or similar phrases.
Do not make your post too long. Here is an example from Chapter 1:
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