Zach Du, Chapter 4, Question 6
Chapter 4 illustrates how the government affects the economy. Wheelan's second thought about the role of the government in the economy especially stand out to me:"Some government activity shrinks the size of the pie but still may be socially desirable"(102). In order to build a stable economic environment for society, it is inevitable for government to collect more taxes from capitals. Therefore, countries like France would be a great place for poor kids since it "guarantee some pie for everybody"; US on the hand is better for high-tech engineers to live due to the higher per capita income, yet "a higher proportion of children living in poverty" because of the policy differences.
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