ECON 110 Lecture 6: Ch. 1 Economics and Opportunity Cost
30 Nov 2017
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Where tea partiers miss the boat: street policing won"t be properly provided if market is invoked. Every citizen-taxpayer would have an incentive to free ride, reducing security provision below optimal levels. Where t & s egalitarians miss the boat: some mutually beneficial transactions between citizen-taxpayers will be forgone if taxes added to potential seller"s bottom line make it unacceptable to buyers. Tea partiers are correct wanting a smaller state. T & s puritans are right wanting egalitarianism for society"s sake. A popular brand like tim"s undermines trust at its peril (saul klein, in g&m, monday, 17 august 2015) http://www. theglobeandmail. com/report-on-business/rob-commentary/a-popular- brand-like-tims-undermines-trust-at-its-peril/article25980212/ Tim horton"s inc. is reported to be reconsidering the use of third-party advertising on screens in its stores. A controversy first erupted earlier this year, when tim"s placed. Enbridge inc. commercials in front of its customers, then pulled the messages in the face of public objection.
