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1. To what extent is contemporary U.S. society still agrarian? To what extent is it industrial? In what ways is our society postindustrial?
2. Identify several modern examples of Marx’s idea of false consciousness. What are some of the consequences of widespread false consciousness in a society?
3. Have you or your friends or family worked in jobs that were alienating? How accurately does Marx describe the characteristics of these jobs?
4. According to Weber, how does modern social life produce alienation? Why is it reasonable to say that, of the three classical thinkers, Weber was the most pessimistic about modern society?
If a company's revenues and earnings are highly predictable, it's stock price will also be highly predictable. One advantage of the dividend valuation model is that it does not need a required rate of return. Marti is 31 years old and is saving for r..
Illustrate what does this suggest about demand elasticity for drugs. Could it be that this experiment didn't actually measure elasticity very well and that elasticity is quite large.
The concept of Mutually Assured Destruction (MAD) is cited by many scholars as the mechanism that kept the peace during the Cold War. However, that does not mean the concept was not problematic. Was the United States government actually protecting it..
An article in the Chicago Tribune stated that in 2007, college costs rose faster than inflation and student aid. A report by the College Board found that average in-state tuition and fees at four-year public universities rose 6.6% to $6,185. What wou..
It has been said that if government wishes to tax certain goods, it should tax goods that have inelastic rather than elastic demand. What is the rationale for this?
What role, if any, do property rights (efficient or inefficient) play in designing and implementing environmental policy?
Tony loves philosophy books and candy bars. When comparing two bundles Tony always chooses the bundle with more philosophy books regardless of the number of candy bars. However, when two bundles have equal philosophy books he chooses the one with mor..
You went out to dinner one night and observed one of your patients drinking heavily. The next day the patient is to check into the hospital for a pre-scheduled surgery. Your colleague found out about this and stated the patient’s behavior was irratio..
Charles decided to open a lawn-mowing firm. To do so, he buys a mowing machine for $7,000 and gasoline ($2.2 in gas is needed to mow each yard) and pays a helper $25 per yard. Prior to opening the company, he earned annually $3,000 as a life guard at..
Choose whether to hire a new person in the marketing department or upgrade your computer system.
Suppose a market is in equilibrium. Then a change occurs and the equilibrium price decreases while the equilibrium quantity increases. What change occurred in the market to cause these changes to price and quantity?
Suppose a representative consumption basket of a consumer consists of 10 candies and 5 sodas. The prices of these goods for different years are given below Candies Soda 2011 $1 $2 2012 $1 $3 2013 $2 $4 For each year, compute the cost of the basket
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