Thursday, January 21, 2016

Optional material for L04

  1. Read this article (2 pp.) that summarizes recent evidence on the percentage of people in a country that have paid a bribe, a form of corruption.
  2. This video describes corruption in Russia associated with the Sochi Olympics. It illustrates one reason why the Heritage Foundation rates the level of economic freedom in Russia as "Mostly Unfree."
  3. This chart reports statistics on the ease of starting a business in countries. Ease of starting a business is one indicator that the economy relies heavily on markets.
  4. Watch this video for a short account on Puritans in New England. It has great quotes from Governor Bradford about the problems with the communal system.

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