Assignment:
Write a 400 to 500 word (more than or less than this will reduce your credit) mini-essay about one of the following articles:
https://www.reuters.com/article/2015/11/19/us-usa-fed-house-idUSKCN0T82HD20151119#RB87ux532GVmL2Ax.97
https://www.economist.com/news/finance-and-economics/21679251-government-tries-relieve-banks-non-performing-loans-burden-sharing
We will go over the material related to the Reuters article tomorrow. We have already covered the material related to the Economist article.
For whichever article you choose, write a 400 to 500 word essay that contains the following:
1) A description of the article and how it relates to material taught in class
2) Either from the article or from what we learned in class, what are some arguments in favor of the proposed policy?
3) Either from the article or from what we learned in class, what are some arguments against the proposed policy?
4) What is your normative judgment (opinion) about the usefulness or implementation of the policy? Why?