The Government Should Have A Big Or Lesser Role Regulating...

Arnelyn Fabia Dr. Link/Mr. Sazo Economics There is much debate on whether the government should have a big or lesser role in regulating the economy. Many people think that the government should be more involved, but I believe that the government should receive a lesser role in regulating the economy because of how it affects individuals in global trade and corporations. Less government regulation in global trade will be a better decision and create lesser problems. The purpose of the government in a global trade is to make sure that the transaction between consumers and producers is not interrupted. They must make sure that goods being sent into the United States are safe and the right products. If they are not safe, it puts citizens in†¦show more content†¦What Does Today Owe Tomorrow tackles the question whether we should help the future generation even if they have not done anything to give back. Scientists believed that â€Å"(3) if we continue pouring greenhouse gases into the atmosphere at ever-rising rates,à ¢â‚¬  the unknown will remain substantial because of how much of the present will affect the suffering of the future people. However, economists in the field believe that the thing to do is to put a price on emissions of greenhouses gases that would raise the price of gasoline and electricity. Doing this would stop emissions and people would want to buy better and efficient cars. Because this is unknown, another likely answer is to push harder on climate policies or increase emissions price. The last article focuses on the issue of The First Amendment. The First Amendment â€Å"(4) has become the darling of economic libertarians and corporate lawyers who have recognized its power to immunize private enterprise from legal restraint.† This has become the patron saint for protestors in the article, First Amendment, ‘Patron Saint’ of Protesters, Is Embraced by Corporations. Because of the First Amendment, cases involving businesses have increased from 1.5 to 2.2 a y ear and those involving individuals have fallen 4.2 to 3.6. With the use of the First Amendment, corporations use this against their workers, not allowing them to use their right of free speech.Show MoreRelatedInternational Convergence Of Accounting Standards1494 Words   |  6 Pagesinformation as many big companies begin to enlarge their territory beyond their home country. Therefore, many professionals believe that a transparent and understandable financial reporting could be produced by using uniform standards. However, the competency of uniform standards alone in producing uniform financial reporting is arguable due to significant factors. The existence of varieties in capitalism by individual countries have restricted the ability of uniform standards in regulating local financialRead MoreConstantly Evolving Principles1918 Words   |  8 Pageschanging nature of the United States economy. 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