Goals for the day:
· Common property resources - how to approach this problem
· Think about common purpose and public interest as a motivator
Today, we'll look at the challenge of managing "public goods" or what is often referred to as "the commons." This will provide the content for today's class, but in the background will be those persistent but critical questions about human motivation and how to design a policy that will efficiently and effectively move us toward a stronger, more resilient local economy.
We'll start with a Four Corners about the Taxpayer Bill of Rights (TABOR), which is an essential state policy to know about. If there's time, I'll show you this graph and table about tax rates and connection (or lack thereof) between tax cuts and economic growth.
We'll move from here to briefly consider both readings (on Keynes and Community-Land Trusts) in order to frame our main activity for today: the pencil game.
I won't say too much about this, except that should illuminate dynamics of human motivation in real time and generate some lively debate. There IS candy involved.
After break, we'll debrief what happened in the game and talk about different ways people think about the management of public goods. The reading on land trusts will come into play again here.
I'm going to very intentionally complexify the problem with this RSA Animate video by Daniel Pink on human motivation. What is the takeaway from this video? And what can it add to our discussion of public goods?
This will get us to this table about the types of policy strategies that we've talked about thus far. If we have time, I'd like you to journal on what public resources are most important to a strong and resilient local economy. Below this table is a list that you can choose from.
Homework due Friday, February 12th
Read about our final two economists: Milton Friedman and Herman Daly
Find the tab with your name on it in this Google Doc and create a pie chart showing which of the six economists you've been exposed to you agree with most. Divide 100 percentage points among the six economists and give a reason for your division. The chart to the right will display the breakdown of your beliefs. We'll do a quick survey of the class on Friday.
Read the Economic Policy Proposal Overview document and come with any questions, concerns, or needed clarifications. This is Option 3 for your project.
· Common property resources - how to approach this problem
· Think about common purpose and public interest as a motivator
Today, we'll look at the challenge of managing "public goods" or what is often referred to as "the commons." This will provide the content for today's class, but in the background will be those persistent but critical questions about human motivation and how to design a policy that will efficiently and effectively move us toward a stronger, more resilient local economy.
We'll start with a Four Corners about the Taxpayer Bill of Rights (TABOR), which is an essential state policy to know about. If there's time, I'll show you this graph and table about tax rates and connection (or lack thereof) between tax cuts and economic growth.
We'll move from here to briefly consider both readings (on Keynes and Community-Land Trusts) in order to frame our main activity for today: the pencil game.
I won't say too much about this, except that should illuminate dynamics of human motivation in real time and generate some lively debate. There IS candy involved.
After break, we'll debrief what happened in the game and talk about different ways people think about the management of public goods. The reading on land trusts will come into play again here.
I'm going to very intentionally complexify the problem with this RSA Animate video by Daniel Pink on human motivation. What is the takeaway from this video? And what can it add to our discussion of public goods?
This will get us to this table about the types of policy strategies that we've talked about thus far. If we have time, I'd like you to journal on what public resources are most important to a strong and resilient local economy. Below this table is a list that you can choose from.
Homework due Friday, February 12th
Read about our final two economists: Milton Friedman and Herman Daly
Find the tab with your name on it in this Google Doc and create a pie chart showing which of the six economists you've been exposed to you agree with most. Divide 100 percentage points among the six economists and give a reason for your division. The chart to the right will display the breakdown of your beliefs. We'll do a quick survey of the class on Friday.
Read the Economic Policy Proposal Overview document and come with any questions, concerns, or needed clarifications. This is Option 3 for your project.