Questions and Answers

Listen to Episode 3 of the Freakonomics podcast, titled “What Would the World Look Like if Economists Were in Charge?” and then respond to the questions below.

http://freakonomics.com/podcast/freakonomics-radio-what-would-the-world-look-like-if-economists-were-in-charge/ 

(Note: From 9:43 to 12:35 in the podcast, prostitution is discussed, if you prefer not to listen to this section, you will still be able to fully address the prompts.)

Questions:

1) What would economists do if they were in charge?

2) Why do economists believe in deregulation?

3) Who was the 20th century economist that influences the podcast? What aspects of modern society do we have him to thank?

4) Did anything surprise you about how economists would run the world?  Why or why not?

5) Was their anything in the podcast you did not agree with? Why or why not?

 

10 points will be allocated for correctly identifying components from the podcast, and 10 points will be allocated for thoroughly responding to the prompts.  Bullet-lists are acceptable for questions 1-3, while a paragraph is expected for question 4 and for question 5.

 

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