We discussed very briefly the vote yesterday in the Senate Finance Committee on the Baucus Health Care bill. It goes now to the Senate floor for discussion there.
Most of the class we spent discussing several handouts from the Foundation for Teaching Economics: An Economic Reasoning Quiz, "Incentives Unlock the Mysteries of Human Behavior", and Economic Reasoning Principles.
We discussed tradeoffs, economic choices, consequences of choices, incentives, prices, voluntary trade, markets, and individual freedoms.
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