We discussed insights from our experiment in Free Market education last week. We noted the following parallels:
1) government (teacher)
2) individual businessmen (students)
3) economy (learning)
We discussed some of the ways the government might regulate the economy, both directly or indirectly, including the following:
- tariffs
- business bailouts
- criminalizing fraud
- subsidies
- welfare
- protecting the environment
- providing education
Students completed two readings:
1) The Rise of Mormonism and the Birth of Modern Society (an interesting perspective from one LDS scholar on the possible relationship between the Restoration of the gospel and industrial/economic growth). Students discussed this one with a partner.
2) Critics and Advocates of the Industrial Revolution. Students answered all the questions for this reading.
Homework:
1) Family Past (due date moved to Thursday instead of Wednesday)
2) Finish "Critics and Advocates" questions
Homework:
Family Past
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