Description
discuss whether these two agendas can coexist and to what degree? Explain forms of government intervention. Are rent controls, minimum wages, and agricultural subsidies warranted? What are the social implications (Le., consumer surplus) and who are the winners and losers? Is there a middle ground? Discuss both sides of the issue (using positive analysis) and then make a normative judgement based on these arguments. Use case studies in your discussion (e g example of Austria and the *Friedenszins”, EU agricultural subsidies, etc.).