ECO 550 Week 9 Discussion Question – Strayer New

ECO 550 Week 9 Discussion Question – Strayer New

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Week 9 Discussion

"Impact of Government Regulation" Please respond to the following:

 John Stossel (TV personality) on Regulation

http://www.youtube.com/watch?v=FMpt7JYF_Lc

http://www.youtube.com/watch?v=L478SB2uoOM

http://www.youtube.com/watch?v=HucEOBf9OMs

http://www.youtube.com/watch?v=pAg3TUX5MYk

http://www.youtube.com/watch?v=dZL25NSLhEA

Government regulation- various videos

http://www.youtube.com/watch?v=OPbw3Csj6I8

http://www.youtube.com/watch?v=lZfbZDK0hLw

http://www.youtube.com/watch?v=KMoRgHZPVgI

 There is a economics phrase  "The Seen and The Unseen."  or unintended consequences of government regulation. This is the title of a famous essay by French economist Frederic Bastiat. It is easier to see the seen, the effects or unintended effects or consequences, but harder to see the unseen which is what would have been, what inventions were stifled, what production was stifled by regulation.

Frederic Bastiat on the Seen and Unseen

YouTube URL: http://www.youtube.com/watch?v=ZFxy6BmMJd8