If you were absent:
Compare the four political economic systems in terms of:
- Level of state power
- Level of regulation (how much regulation)
- Who owns property
- Level of public goods/social programs
- Taxation
- Trade
- Freedom v. Equality
We also completed the following short writing assignment:
The four political economic models attempt to find the ideal relationship between freedom and equality. In your opinion, which of the four models has the best relationship between freedom and equality? Why? Defend your answer. Which is the worst? Why?