Instructions
Below you will find references to outside readings that are relevant to the material in this chapter, as well as several prompts for you to respond to. Some of the readings are from the business press, some are editorials, and some are from government entities. Please distinguish positive statements from normative statements appropriately.
Please respond to as many of the prompts as you wish.
Do not attempt to address all of them; discussing a half dozen or fewer of the prompts should suffice.
There is no specific length requirement, but each response should be several paragraphs in length.
You should exceed 500 words but should not need to exceed 1000 words for any given question.
I recommend that, in order to avoid potential technical difficulties, you draft your response in Word, then upload it into Canvas, being careful to not submit the Quiz until you have uploaded all of your responses.
You may be asked to describe both (or more) sides of an issue, to take a position as to which is more compelling to you, and describe how you arrived at such a conclusion.
Where your opinion is requested, there may be no right or wrong answer, but a thoughtful and well- reasoned response is preferable to one lacking these characteristics.
Your score for this question will depend on the quantity and quality of your responses, including your correct application of economic theory and the support you offer for your positions.
You should not need to use additional references, but if you do, please be sure to cite them.
As I express frequently in class, part of my objective in this course is to provide you with the tools to form your own positions on economic issues. Although my positions may frequently be apparent, it is not my intention to impose a position on the class, only to agitate the class to intelligently develop their own.
Although some of these narratives are political in nature, it is simply a result of the reality that economics and policy are inherently intertwined. You are encouraged to express political and policy positions as they relate to economics and are assured that while your expression of the positions themselves will not impact your grade favorably or unfavorably, your ability to support those positions will be considered.
Essay 10 Fiscal Policy
Feel free to opine on other issues related to this topic.
Here are some potential topics you may wish to pursue.
Fiscal Policy: We Are All Keynesians Now
Fiscal Policy: Reaganomics
Fiscal Policy: Kansas Experiment: Killed in the Early Innings or Laffed Out of the Ballpark?
Fiscal Policy: If I was Budget King for a Day
Fiscal Policy: Tax and Spend vs Tax Cut and Spend
Fiscal Policy: Tax Equity: Robin Hood or Robbing Neighborhoods?
Fiscal Policy: Read My Lips: No New Taxes