The Des Moines Register advocated a free-market approach to cable television, labeling it a “nonessential activity.”
a. Should the government be involved in regulating only those products and services that we cannot do without? Explain.
b. Do you trust the free market? The government? Both? Neither? Explain.
c. Do you think the Consumer Financial Protection Bureau is necessary to reduce the risk of a future banking crisis such as the one we have faced in recent years? Explain.