Planet Money Summer School returns with a focus on the government's role in the economy. The course addresses economic history, investments, and political economy, posing questions about the size of government and its impact on market dynamics. It includes real-world examples from countries like Jamaica and Peru to showcase government effectiveness. Future topics cover taxes and their influence on behavior, as well as the necessity of regulations such as occupational licensing. The series will critically analyze how these elements contribute to or detract from economic growth.
What role can or should the government play in shaping the economy? The season explores the balance between free market principles and government intervention.
Examples from Jamaica and Peru illustrate how government actions can either promote wealth or hinder economic growth, revealing the complex interactions at play.
Government regulations impact various aspects of life, from occupational licensing to taxes, raising questions about their necessity and effectiveness in different sectors.
Discussions will include the effects of taxes on collective behavior, and distinguishing between counterproductive taxes and those that address market failures.
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