Government and the Economy

1. How should government address externalities and public goods?

1.1. subsidies

1.2. Public Provisions

1.3. Command and control policies

1.4. Market based Policies

1.5. Preserving common resources

1.6. http://www.econlib.org/library/Enc1/PublicGoodsandExternalities.html

2. What does government do to promote economic well being?

2.1. Income distribution

2.2. Poverty policies

2.3. Redistributing wealth

2.4. http://www.neweconomics.org/publications/entry/the-role-of-local-government-in-promoting-well-being

3. How does the government protect property rights?

3.1. The constitution lays the foundation for a legal system that protects property rights

3.2. Property rights determine how the owner uses the property

3.3. Eminent Domain

3.4. http://www.stopfakes.gov/faqs/how-can-us-government-assist-me-obtaining-and-protecting-my-intellectual-property-rights

4. What regulatory roles does government play in our economy?

4.1. Maintain competition

4.2. Protect consumers, savers, and investors

4.3. Protecting workers

4.4. http://economics.about.com/od/howtheuseconomyworks/a/government.htm