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Read chapter 1.2 in Real World Micro, Shaking the Invisible Hand, and ch. 4.2, If Corporations Are People, What Kind of People Are They? Because

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Read chapter 1.2 in Real World Micro, \"Shaking the Invisible Hand,\" and ch. 4.2, \"If Corporations Are People, What Kind of People Are They?\" Because of specialization and the use of the division of labor, we gain most of the goods we consume from others. In a capitalist economy, most of what we consume from others comes to us through voluntary exchange. Does free market exchange guarantee that these exchanges will always be for the best? If production is done within corporations, does this change the nature of exchange? Can we trust corporations to act fairly and honestly? What restrains bad behavior by large corporations? List the eight assumptions that Chris Tilly says free market advocates make in justifying the free market. Which assumptions do you think are reasonable; are there some you think are absurd

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