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PODCAST RESPONCE
Date Posted: 19/04/2021
Category: Economics
Due Date: 20/04/2021
Instruction
FIRST ONE: In no fewer than 400 words, summarize the main ideas of the podcast AND answer the following the questions based on the podcast AND your own knowledge. 1. What is "Bork's Approach" to antitrust law? Why doesn't this approach work well for analyzing tech companies like Amazon, Google, and Facebook? 2. How does Amazon encourage competition? It what ways might it discourage it? 3. Should the government split Amazon's marketplace/website business from its private-label, product-making business? Explain. PODCAST: (https://www.npr.org/sections/money/2019/02/22/697170790/antitrust-3-big-tech) SECOND ONE: In no fewer than 400 words, summarize the main ideas of the podcast AND answer the following the questions based on the podcast AND your own knowledge. 1. What are the arguments for lowering the corporate tax rate? 2. Who is not happy about the changes in deductions? Why? 3. How might wealthy people take advantage of the new deduction on "pass-through" income? PODCAST: (https://www.npr.org/sections/money/2017/12/22/572926212/episode-814-the-tax-plan-is-huge) THIRD ONE: In no fewer than 400 words, summarize the main ideas of the podcast AND answer the following the questions based on the podcast AND your own knowledge. 1. Why do so many "essential" jobs get paid so little? 2. Why does the market do such a poor job at paying these workers what they are worth? 3. If we are to give these essential workers "hazard pay" bonuses, who should pay for it and how would the money get to the workers? (https://www.npr.org/2020/05/01/849390745/episode-996-about-that-hazard-pay)
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