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"Experience should teach us to be most on our guard to protect liberty when the government's purposes are beneficial. Men born to freedom are naturally alert to repel invasion of their liberty by evil-minded rulers. The greater dangers to liberty lurk in insidious encroachment of men of zeal, well-meaning but without understanding."
- Justice Louis Brandeis -
Economics in the News
The following is from the January 12, 2015 Wall Street Journal
http://www.wsj.com/articles/the-obamacollege-plan-1421018672
This article examines President Obama's plan to make community college education "free" in the United States.
For my students - this applies to chapter one of your book. See the readings on scarcity, cost-benefit analysis and the Law of unintended consequences.