[POLS 1101] - Midterm Exam Guide - Ultimate 20 pages long Study Guide!
5 Oct 2016
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Regulating the economy to ensure that it operates fairly. Redistributing income to improve the lives of citizens with less wealth. Each actor is better off with cooperation, but each is incentivized to not cooperate. The collective-action problem - like a large-scale prisoner"s dilemma. Individuals have no incentive to provide it: free-riding occurs. Effective enforcement is required to solve the problem. I. e. need fishing license to go fishing, otherwise all fish would be gone. 8/12 - paris: center of the 19th century - walter benja. Most people never ventured 40 miles from their home. Optics and photography: using photos to prove/see things your eyes can"t. 1839: french government buys daguerreotype process (plates) --> global daguerreotypomania Govt. gets the royalties, decides this is important, adds to the culture. 1855: paris universal exposition - interest in documenting the world and perceiving reality anew. Apprenticed to inventor of electric metronome at age 14. Takes flower and micro photos for the dictionary of.
