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Question: 1. We often read that many college professors actively criticize capitalism and support welfare state principles.

a. Has that been your experience? Explain.

b. If that assessment is accurate, how do you account for the leftist inclinations among intellectuals?

2. Should we reduce the government's presence throughout our lives? Consider a couple of possibilities.

a. Facing severe financial problems, the state of Nevada was thinking of expanding legal prostitution from its current rural areas to the gambling centers, Las Vegas and Reno. Do you think legal prostitution managed by the market but subject to reasonable health and safety regulation would be a good policy for your state or any state? Explain.

b. The bitter, ongoing debate about same-sex marriage raises the question of whether the state's role in marriage should be eliminated. Explain why the state should or should not be involved in regulating marriage. See "Why Do We Need the State's Permission to Get Married Anyway?" The Wall Street Journal, January 14, 2010.

Business Law & Ethics, Finance

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