750 words about Econ,24 hrs

NEW YORK UNIVERSITY

SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES

Spring 2021

Introduction to Microeconomics

ECON1-UC0302.001

Assignment 1

Instructions:

This paper is due before class on 2/17/2021. You will not need to write more than 3 pages double-spaced. Please upload your paper (in .doc or .docx but not PDF format) on the course website at NYU Classes. Please cite your paper professionally, being mindful of intext citations.

Essay Prompt:

Draw on these readings for the paper:

Bowles et al chapter entitled "Government and the Economy" (Chapter 6 in the 2018 edition of Understanding Capitalism)

Ciepley, David 2020. “Privatizing Sovereignty, Socializing Property: What Economics Doesn’t Teach You About the Corporation” (https://lpeblog.org/2020/02/18/privatizing-sovereignty-socializing-property-what-economics-doesnt-teach-you-about-the-corporation/#more-3270).

Samuels, W. J. 1989. “Some Fundamentals of the Economic Role of Government”. Journal of Economic Issues, 23(2), 427–433.

Two New York Times articles on the Swiss health care system:

https://www.nytimes.com/2009/08/17/opinion/17krugman.html and and https://www.forbes.com/sites/theapothecary/2011/04/29/why-switzerland-has-the-worlds-best-health-care-system/

How does Samuels (1989) make the argument that government (politics and law) is not separate from the economy but is integral to its construction? How can you illustrate his argument by considering the nature of the corporation?

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