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Clelia K

California: Measure to Overhaul Water Management - 2 views

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    Gov. Jerry Brown signed legislation on Tuesday overhauling the state's management of its groundwater supply, bringing it in line with other states that have long regulated their wells. This is really important because california has large agriculture based businesses (central valley). In fact, the oppositions to the legislature were people in the agriculture business. This potentially allows water companies and regulators to intervene if water use is excessive or improper. This is an article directly discussing scarcity of water and natural resources and how the government regulates these resources. This passing of this legislature could also have some opportunity cost along with it; less water=maybe more expensive food, less food, more chance of dying crops (?)
Talu O

Obama's big environmental move: Power plants to cut carbon pollution - 1 views

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    This article is about a legislative act of American government upon carbon emissions of firms- which is a government intervention towards a negative externality of production.
Tekten D

Government Price Control - 2 views

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    Because India has freed the prices of diesel discovered in their country from the governments control, it opens a new market of investment. By doing this, India's economy will be revamped. This means that as the price of diesel fluctuates, the economy will also change.
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    This article is about the Government's intervention on diesel prices in India.Now Government doesn't control prices.Their aim is to encourage investment and revamp its economy.
Talu O

Why low inflation hurts the 99% - 1 views

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    Here is another point of view to the possible outcomes of government interventions to inflation. In US' case it is Federal Reserve Bank who is the decision mechanism that determines the monetary policies.
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