Tuesday, March 16, 2010

First Toulmin if you missed it...

First Toulmin:
What would Adam Smith think about Barack Obama's economic policies? Make sure to mention three of the following: free trade, laissez faire, invisible hand, self interest, division of labor.

Tuesday, March 9, 2010

Freakanomics Follow-up

1. For each of the following words, explain how it relates to "Why do drug dealers live with their moms?" using specific examples/quotes:
  • Scarcity
  • Supply
  • Demand
  • Incentive
  • Monetary Income
  • Non-Monetary Income

2. Create a graphic organizer that shows the organizational hierarchy of the gang mentioned in the story. Make sure to include the Board of Directors, JT, JT's three officers, the foot solders, and the rank and file. Make sure to describe what each of these levels did as a job.
3. In what ways is this gang similar to the way a the McDonalds corporation works?
4. In what ways is a foot soldier's job more attractive than that of a fry cook at McDonalds? In what ways is it less attractive?