IS CAPITALISM UNDER ATTACK IN AMERICA?
1. Obama says the free market doesn't work. Is he right? Why do some people worry that the free market is under “attack”? Defend your answer.
2. In general, do you consider laws to be positive or negative? Will more laws and regulation help the market and economy? How?
3. How would a totally free market differ from our current market? What would the drawbacks and/or benefits be of getting rid of certain laws and regulations?
4. John Stossel suggests that many laws have “unintended consequences.” What does he mean by this? Do you agree or disagree with him? Explain why.