ECONUSA Telecourse
Study Questions 3
INSTRUCTIONS: Answer the questions below as short answer Study Questions to help you focus on the central issues of the articles and to prepare for the Final Exam..
Allow yourself time to contemplate the issues.
1. Explain the criteria that the authors use to evaluate a "good" tax versus a "bad" tax in the article, Tax Shift. Be sure to write this is in your own words. Do Not Simply Copy Their Work.
2. Summarize George Soros argument against Laissez-faire (unregulated free market) economics in the article The Capitalist Threat. Be sure to include the reasons why the Supply and Demand analysis fails.