3-1 Anti-market Bias - Book Report/Review Example

Comments (0) Cite this document
For instance, the clip is of the assumption that most people are prone to market bias that leads them to make wrong decisions. The assertion is supported by pointing out that what is wrong with making poor people rich…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
3-1 Anti-market Bias
Read TextPreview

Extract of sample "3-1 Anti-market Bias"

Anti-market bias From the video clip, the role of economists is challenged. For instance, the clip is of the assumption that most people are prone to market bias that leads them to make wrong decisions. The assertion is supported by pointing out that what is wrong with making poor people rich and sick people well (Caplan). The argument is presented in regards to the kidney market in the United States. While kidney selling is illegal, there is a significant shortage in the United States. As economists are against the legalization of the kidney trade, their reason is based on morality. However, if a person is willing to donate a kidney they should be allowed since the compensation would help then generate income. It would also be advantageous if economists created a market position that would not be a bias towards certain profit-making practices.
Mr. Caplan points out that eliminating market bias would increase the level at which problem solving techniques are developed (Caplan). From this argument, one may point out that, ideas presented to the market may not be fully embraced. However, the purpose and significance of the idea should determine its relativity. Social platforms should be inclined to develop a positive perception of business ideas among people. However, the question of morality should be considered. It would be more social impactful is a person develops an idea embraced by all social platforms as well as develop the economy.
Work cited
Can Capitalism Save Lives? Econ Chronicles. Caplan, Bryan. YouTube. May 19, 2014. Web. July 3, 3014. Read More
Cite this document
  • APA
  • MLA
(“3-1 Anti-market Bias Book Report/Review Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from
(3-1 Anti-Market Bias Book Report/Review Example | Topics and Well Written Essays - 250 Words)
“3-1 Anti-Market Bias Book Report/Review Example | Topics and Well Written Essays - 250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF 3-1 Anti-market Bias

1-3 Willow road

...3 Willow Road ________________________________________ This dissertation was written in partial fulfillment for the degree of ____________.Year: 2011 Word Count: 6,256 (25 pages) TABLE OF CONTENTS I. Introduction……………………………………………………………..3 II. Chapter I: The Architect: Erno Goldfinger…………………………3 III. Chapter II: The Content: The Building…………………………12 IV. Chapter III. The Context: Proportion and Other Elements of Style…………………………………………………………………14 V. Conclusion……………………………………………………………..16 Introduction The building 1-3 Willow Road is a rowhouse consisting of 3 homes set together. Built in 1939 by architect Erno Goldfinger,...
16 Pages(4000 words)Dissertation

Assignment 1-5-3

...the extent to which the internet should be used. 2. Changing social concerns, attitudes and lifestyles of consumers: Fraj E., Martinez E., (2006). Environmental values and lifestyles as determining factors of ecological consumer behavior: an empirical analysis", Journal of Consumer Marketing, Vol. 23 (3), pp.133 – 144 The researchers have adapted the ‘Values and Lifestyle scale’ and the ‘Environmental Attitude and Knowledge scale’ to suit a Spanish context. They have attempted to establish the profile of what can be daubed as the ‘Ecological Consumer’. They collected data on 573 individuals that were sampled randomly. Scales were validated, and structural equation analysis was conducted to test the data....
1 Pages(250 words)Essay

Article Analysis

...changes made in the labour market made income distributions inequitable between the European nations and also reduced the domestic demands (Szapary, 2000). ECB Anti-growth Bias and Pre-crisis Performance The ECB’s antigrowth biased monetary policies following the Stability and Growth Policy is actually responsible for the current Euro crisis. Euro nations have become dependent on export growth and experiences small booms and long stagnations in business cycles. Primary concentration in price stability and interest rate hikes of ECB clashed with most of the European market segments. Rather the constant interactions of monetary and fiscal policies rendered the Maastricht...
3 Pages(750 words)Assignment

Assignment 1 part 3

...inspiring. It’s a good read for families to strengthen more their relationships with each other. Parents will learn so much on child rearing, on how to show their love to their children while it is not yet too late. They do not have to wait for the time that they can no longer embrace their children and say to them how much they love them just like what happened to Sara in the novel, regretting the time she missed of showing how much she loved Anna. References: Bowen, Murray (n.d.) Bowen Theory. Retrieved October 11, 2009 from Family Systems Theory. Retrieved October 10, 2009 from theory/ Paquette, Dede and John Ryan (2001.)....
2 Pages(500 words)Assignment

How Global Food Production and Population Has Changed

...Running Head: FOOD AND NUTRITION Discuss How Global Food Production and Population Has Changed According to Southgate, agricultural yields have escalated courtesy of Green Revolution, besides other developments in technology. Globally, outputs per hectare, which constitute slightly above half of the food people take if the grain that is fed to domestic animals is included, rose to about 3.0 metric tons by around the end of the 1990s decade. This was double the mean input in the period of early 1960s. Basically, the growth in yield caused food supplies to rise at a quicker rate than the demand over this period. On the other hand, human population increased from 2.47 billion in the year 1950 to 6.06 billion in the year 2000. Today... Head:...
1 Pages(250 words)Assignment


...3 – 2 Chart ______________________________ Adolescent Literacy: A Position ment of the International Reading Association 3 Particularly Interesting Ideas. 2 Particularly Interesting Quotes. 1 Question as a Result of the Reading. There is gradual growth in adolescent literacy in many countries, particularly since after the IRA’s position statement in 1999 (International Reading Association 3-4). There are “no easy answers or quick fixes” (qtd. in International Reading Association 5) in improving adolescent literacy. Despite the documented growth in adolescent literacy over the years, there are still many places in the world where the literacy levels are still as they were 4 decades ago. Discussion: These ideas make one realize... – 2 Chart...
1 Pages(250 words)Book Report/Review

The Effectiveness Of UK Anti-Corruption Policy A Research Proposal

...from the relevant sources and literature. Analysis of anti-corruption initiatives against the indicators/assessment tools This will involve the conversion of raw data into information and knowledge usable in the making of decisions and learning. Reporting Following the analysis, the outcomes will be written down in the form of a discussion that is understandable and usable. Feedback and Recommendations The data gathered from the study will be used in making recommendations that can be used to make anti-corruption policy more effective in the UK. Project timeline Week 1 2 3 4 5 6 7 8 9 10 11 12 Identification of anti-corruption...
5 Pages(1250 words)Research Proposal

Anti Terrorism (Part 3)

...Topic: Anti-Terrorism (Part 3) More than a decade after the 9/11 disaster, the United s of America is still relatively unprepared should a disaster of a large scale that involves children take place. Regardless of the important advances in the capability of the country to react efficiently to a variety of forms of terrorism, there is still insufficient development of paediatric protocols that could be instigated by the state as well as federal agencies meant to deal with preparing and managing consequences. As principal of Shining Start Elementary School, I would create a comprehensive school-based emergency response plan that will need to be approved by the school leadership so that they can be committed...
3 Pages(750 words)Essay

Anti-bias Approaches

...dedicated to the course of promoting the culture of a given population without any negative exaggerations 3. Disregard to population’s intellectual property rights and indigenous materials. An anti-bias material to be used in a classroom must not include publication of private or sacred information of the tribe in question without their consent. Such information that can hurt the community that developed the culture should, for this reason, be avoided in choosing an anti-bias teaching material. Curricular Materials and Materials that can be improved Curriculum can be defined as materials or channels through which students interact for the purpose of...
5 Pages(1250 words)Coursework

Chapter 1-3 questions

...Chapter 3 Questions al Affiliation Chapter 3 Questions Why did Europeans insist on trying to civilize the Indians? The Europeans insisted on having Indians civilized so as to transform Native Americans to adopt the European way of life in term of education, norms, customs, and traditions (Brands et al., 2012). However, the greatest thing that the Europeans wanted to achieve was to convert as many Indians as possible to Christianity. Describe the character of Spanish-Indian relations following the conquest of Mexico. The Spanish-Indians were treated as slaves during the time. They were subjected to hard labor by encomenderos, which made their conditions deplorable. In fact, it was only the priests who could be allowed to speak... 3...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Book Report/Review on topic 3-1 Anti-market Bias for FREE!

Contact Us