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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Friedman hypothesizes that there has been a change in discrimination along with the rise of capitalism because ______.
2. What has capitalism done for discrimination according to Friedman?
3. What example does Friedman use to argue against the redistribution of wealth?
4. Friedman believes that ______ are no argument for nationalizing the provision of annuities.
5. What has been more potent for progress than the visible hand for retrogression according to Friedman?
Short Essay Questions
1. What is occupational licensure?
2. According to Friedman, do monopolies have any sort of "social responsibility"?
3. If people were given cash instead of subsidies like food stamps, how might they would use it to get themselves out of poverty, and how might it be wasted?
4. According to Friedman, can a liberal be an egalitarian?
5. Friedman accepts the reasoning that justifies "governmental action to alleviate poverty" (p. 191). What two issues must be addressed in order for this to happen?
6. What does Friedman believe are the effects of minimum wage laws?
7. What does Friedman believe are the effects of farm price supports?
8. Do you think doctors should be required to obtain a license?
9. Do you think people should be forced to participate in social security?
10. What is the progressive income tax?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Friedman published "Capitalism and Freedom" in 1962. It is one of Friedman's attempts to spread free-market ideas to the public at large. The book advocates a number of free-market proposals, many of which, such as floating exchange rates and flat taxes, are implemented across the world today and seem commonplace. However, many of his more radical ideas remain controversial, such as school vouchers, or are totally ignored, like ending occupational licensure. In an essay, examine the historical context of Friedman's work and analyze the major movements of the time that may have influenced his views.
Essay Topic 2
Friedman discusses the role of government in education. He says that the government can require education because a democratic society cannot exist without a literate and informed population. Focusing on compulsory education, analyze the role of government in education.
Essay Topic 3
Friedman uses two reasons to justify government intervention: the neighborhood effect and paternalism. Analyze these reasons and determine whether they are sufficient justifications for government intervention.
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This section contains 823 words (approx. 3 pages at 300 words per page) |
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