Essays /

Pros And Cons Of Government Intervention Essay

Essay preview


This specific report addresses the pros and cons of how much government intervention in the marketplace is necessary and appropriate. This report will cover four authors, Cunningham, Green, Friedman and Pertschuk. The authors have written extensively on consumerism and the protection thereof. This author’s goal is to break down some of the theories, which authors seem akin in their beliefs and which authors’ views are bipolar opposites. Green states there be only should be two types of government regulations 1) economic regulations and 2) health and safety regulations. He states the only important pieces of consumer legislation to emerge from Congress in the past three years were the “Consumer Protection Safety Commission (p.48). Green claims their should be a Consumer Protection agency as opposed to an advocacy. This author is definitely for government intervention in consumer protection. One of the reasons he gives is because the market place is weak, inadequate and needing protection (p.48-490). First, safety regulations that explicitly assume that the market will not adequate protect consume...

Read more


-328 -68 1 137 151 1974 1976 1980 2 2010 309 40 63 9 abl absolut accord actual address adequ administr adversari advertis advocaci agenc airlin akin along also american antitrust anymor appropri area argu articl assum attack attorney author auto avail back beauti belief better bibliographi bipolar blond border bought brace break bureaucrat busi card case certain choos claim commiss compens competit con concern confus congress consum consumer contest correct cost couldn cover crashworthi credit cunningham curious damag date day decept decis definit demonstr deriv determin difficult disput dissolv dog done door door-door drink drug due eat econom effici emerg enabl end enterpris equiti eschew establish everyon everyth except explicit extens extern fals far fda feel first food forc fortun found four free freidman friedman function give goal good govern graci great green h harcourt harder harm hazard health homeland honest howev i.c.m implic import inadequ includ incom individu inflict inform interest intervent issu job journal jovanovich keep kind know knowledg lab label lack last later law learn legisl lend lesson let limit line littl look love low m m.j made make mani market marketplac match materi medic milton much must nader name necessari need neither new nice non non-market note object one opinion oppos opposit ore osha p.167 p.472 p.48 p.48-490 panick parti particular past payer peopl person pertschuk piec place possibl pp pp.189-227 practic precondit present prevent privat problem product professor pros protect provid question quit ralph rambl rather read reason recal recent regul relat report research resolut respons retail revolt right rule safeti sampl second sector secur seem segment self self-correct sell situat smarter societi sold someon sometim sophist specif spectrum state statement strata strong subject succeed suggest supersed talk tax team theori therefor thereof third three time total tougher transport true truth two type unlearn us use variabl various view vigil voic w water weak well work world would written year yes york