Question
The market system (that is, an economy of self-interested individuals thatis largely organized through interlinked markets for resources and output)is often touted as the best
The "market system" (that is, an economy of self-interested individuals thatis largely organized through interlinked markets for resources and output)is often touted as thebestmechanism for producing the things that we want to have. Do you think, though, that this is true? Is it always true? More stringently, is it ideal? Are there examples of items that privately-owned markets don't produce effectively? In other words, do you think the government should play a larger role (or a smaller role) in controlling productive activity in this country? Give supporting reasons and examples, not just opinions! In your subject line, include "Larger Role" or "Smaller Role". Failure to do so will lose you points!Also, let's take "Everything is cool as it is, so no change is necessary" off the table.
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