Tasks

• Read the required readings for week 5, including Chapter 14 of your textbook, chapter 11 from The Retreat of the State by Susan Strange ("Cartels and Private Protectionism"), and any additional notes if available.
• As you read, think about the differences between Strange's perspectives, the perspective presented in your textbook in Chapter 14, and other perspectives provided in the notes.

What to Submit

• A short paper that addresses the following prompts:

1. McConnell's attitude is fairly typical of U.S. economics textbooks. How realistic is it when compared to Strange's chapter? Support your response with specific examples from the readings.
2. Are "free markets" free when there is collusion? Why or why not?
3. Will markets with collusion serve producer's or society's interests?
4. Could government intervention make collusive markets free-er? If so, how?
5. Make any other observations or points you think are significant.

Tasks . Read the @uired readings for week 5, including Chapter 14 of your textbook, chapter 11 from The Retreat of the State by Susan Strange ("Cartels and Private Protectionism"), and any additional notes if available. . As you read, think about the differences between Strange's perspectives, the perspective presented in your textbook in Chapter 14, and other perspectives provided in the notes. What to Submit - A short paper, 1-2 pages in length (double-spaced, 12-point font, APA format), that addresses the following prompts: 1. McConnell's attitude is fairly typical of U.S. economics textbooks. How realistic is it when compared to Strange's chapter? Support your response with specic examples from the readings. 2. Are \"free markets" free when there is collusion? Why or why not? 3. Will markets with collusion serve producer's or society's interests? 4. Could government intervention make collusive markets free-er? If so, how? 5. Make any other observations or points you think are signicant. Grading Criteria - This assignment is graded using the attached rubric. - Complete assignments address the prompts fully and adequately, supporting your answers with concise reasoning and specic references to the texts. - Be sure to quote the texts and provide attribution as needed. - Remember that APA format is used for assignments in this course