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How can we retain the advantages of democratic government but reduce the problems caused by prisoners' dilemmas? Here is a radical proposal for reflection and discussion. Abolish all congressional staff. Create a one-house legislatures with 600 members who serve six year term and connote succeed themselves. Select 100 new legislators each year. Grant automatic eligibility for selection to every citizen who is 25 years of age or older, and who has either worked four years or earned a high school diploma. Pay each legislator generously, and grant each one equally generous lifetime retirement benefits that begin after their six year term ahs ended. Then call them to the service of their country through a lottery.
A) Would this system be democratic?
B) What information and incentives would shape the outcome of the legislative process under this system?
suppose bill is on a low- carbohydrate diet. he can eat only three foods rice krispies cottage cheese and popcorn. the
Short-term loans between banks are called
Computing an allocation for a planned socialist economy is prone to great computational difficulties.
If the price in this market were $160, explain why this would not be the market equilibrium price and find the equilibrium price and equilibrium quantity exchanged for this market.
Identify and describe the effects of a change in money supply on the interest rate. Explain the money multiplier and the money creation process.
Assuming that the merger faces some threats and that the steel industry decides on self-expansion as an alternative strategy, describe the additional complexities that would arise under this new scenario of expansion via capital projects.
megan lives on the east side of welch and amanda resides on the west side of the north-south street. each morning the
1. a over the years there has been great improvement in farm technology. as a result the american farmer is now more
the olde yogurt factory has reduced the price of its popular mmmm sundae from 2.25 to 1.75. as a result the firms daily
Does it appear as though this firm is pricing its automobiles optimally? Why or why not? What advice would you give this firm with regards to its pricing policy and what would be the effect on the U.S. dollar-euro
many environmentalists or general members of the public are horrified by the notion of marketable pollution permits.
it is an important tradition in the santos family that that they eat the same meal at their favorite restaurant every
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