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Show Detail: The Economics Classroom: The Government's Hand

ShowID

1317

Event Date:

7/17/2010

Length:

00:58:22

Category:

Teacher Ed

Producer

Annenberg

Comments

This session explores the intervention of the government in the free market, with price ceilings (such as rent control), price floors (minimum wage), or social welfare programs. When the government's hand produces surprising or unintended outcomes, economists need to consider the incentives offered, how others will react, and what the inevitable tradeoffs will be.

Schedule Information:

This show is not currently scheduled.