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Government (or governing body) Intervention: Man City, Benefits Streets & Universities
2nd March 2014
The attached PowerPoint (In_the_news_last_week_Gov_Int.ppt) links three current stories from sport, media and education and asks “should governing bodies intervene or should the invisible hand of free markets be left unchecked?”. In each case, students can discuss the merits and shortcomings of regulation in the respective industries, and explore the reasons for intervention in the first place.The lesson works as a nice starting point and leads naturally to further research on Adam Smith and Milton Friedman.Hope it helps!