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This article outlines the consistent debate over nutrition, especially in schools. The beneficial externalities are obvious in an increase in health for the student, as well as the encouraged development of healthy eating. However, if junk-foods are so much easier to obtain and the number of un-educated consumers in terms of nutrition are so low, the public will be more inclined to just keep eating in their old habits. How on earth can the government effectively change this situation for the betterment of society?

Schooling and education is a public good as it does not recieve a profit however, this article shows that at the moment it may be costing the government too much and they have decided that they have to cut back on what they are spending on it. No other companies would provide it as they will not get a profit out of it.

This article is about cuts for schools. There will be less money for public schools. Since schooling is a public good, this article applies to this weeks work.

Street lights are an example of a public good - one person using a street light will not prevent others from using it, and it is impossible to stop other people from using a street light once one person is able to use it. Because they are public goods, they are provided by the government, but in this case it is costing the government too much to leave the street lights on all night, so they are considering shutting them off for a portion of the night to save money.

This article discusses the current "Occupy" protests which are taking place worldwide, and how the effect which they are having. The protesters are pushing to government to expand the budget of the government so that more goods can become public goods, like health care, for example. The article also discusses how protesters stood outside malls pleading for consumers not to purchase goods however if that were to happen, the economy would obviously sink back into recession.

This article discusses the issue in the state of California of poor road quality. It is causing citizens to pay extra money each year for car repairs...the money for car repairs in California exceeds every other state. So this article shows an example of poor quality public goods. Like I mentioned in my comment in the class discussion, government intervention eliminates competition, which can lead to a poor quality product...well this is an example of poor quality public good. No toll highway or road would ever be poor quality and have holes and bumps.

National defence is an important public good. It is non-rivalrous and non-excludable, as once it is provided, the whole nation will benefit. The government is in charge of the provision of national defence.

Hello, sorry for the delay. In this article it talks about public goods. The public good at question is the British military, and it talks about a regiment who's job it is to guard a checkpoint to make sure that the civilians are safe and to protect the local community. Also, as a secondary job they are training the local Afghan police and military to help them with the patrol of the checkpoints. It then goes on to talk about how the soldiers are staying there for Christmas and how the Taliban will think that they are celebrating Christmas however, the British military will be on guard. lastly, the video says the all the British and American forces will have left the region and Afghanistan by 2014. From Tim

As many of us know, Canada has a great healthcare program that is provided by the government. The US, on the other hand, has opted in the past to keep healthcare a private good. The American goverment is now seeing negative repercussions of this decision, and this article outlines how they are thinking of modelling their healthcare system after Canada's by introducing government healthcare insurance. Although this may not completely eliminate private healthcare companies, it may discourage them for the reasons we learned in Week 12. This idea of reforming the current policies has stemmed from stories of families who have gone broke after needing emergency surgeries while not being able to afford insurance.

Basically the government has been subsidizing essential items to help the public by using tax money. But they are also subsidizing Big Energy Producing Companies (IPP) who sell their electricity to TNB at a fixed rate which is very high. Why the government agreed to this is basically corruption meaning, they (the rich) can force the government (public money) to pay and pay. Now, the government is going broke so they want to charge the public by reducing the essential item's subsidies but they are NOT reducing the subsidies to the rich! The government says that there is an agreement and they cannot change it.

This article discusses the imminent increase in unemployment as 100,000 public sector jobs are going to be cut. This seems to be "cyclical unemployment" as the job-cuts are due to a recession rather than permanent structural unemployment.

This article discussed how Robert Skidelsky, a member of the British House of Lords, is Professor Emeritus of Political Economy at Warwick University. For more from Skidelsky, visit Project Syndicate or follow it on Facebook and Twitter. By Robert Skidelsky, Project Syndicate The recent European Union summit was a disaster.

It is about how European Union summit was a disaster, and that the debts of the government has been mounting up. Therefore, they are thinking of plans for the future to make the eurozone stay, survive and not dealing with economic downfall.

China has been, is, and will continue to be a coal-powered economy. In 2007 Chinese coal production contained more energy than total Middle Eastern oil production. The rapid growth of coal demand after 2001 created supply strains and bottlenecks that raise questions about sustainability.

because of the the high debts of europe, US export will mostly rise in 2012. In addition to this, the declining dollar index and rising wages of emerging economies has made U.S. goods cheaper abroad.

People in Nigeria is protesting about the growing fuel price. Quote from article: "People are now advocating violence. The government has to tread carefully. More than 80% of the people don't support subsidy removal," the entrepreneur said. Many local businesses remains closed and people are walking out on the road to protest.

This article talks about how the rainy season in Malaysia has affected the roads in Johor Bahru (JB). The potholes raises the risk of accidents and contributes to noise pollution. "There are already many of my friends poking fun that JB means (Jalan Berlubang)." ---- Jalan Berlubang is Malaysian for roads with holes!

"Facebook Inc.'s lineup of six major Wall Street banks to manage its initial public offering reflects the social network's determination to pursue a conventional IPO and avoid an exotic approach to the share sale, people familiar with the company said." This article approaches to the idea about the interaction between the banks and Facebook, these interactions can shown in a relation of the free markets. also, the article mentions the competition Facebook with other social sites.

This article demonstrates how price is used to allocate resources in a free market, in the area of education. Since there aren't enough teachers and universities for every student across the world who wishes to go to university to go, this education must be allocated to people via price. Because of this, only people who can afford the education can go to school. The amount of people who can go to university is also regulated by admissions and marks, but it is an example of where price can affect who gets to make use of the resources.