310_Lecture_21_Public_Policy_F06

310_Lecture_21_Public_Policy_F06 - Public Policy GOV 310L...

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Public Policy GOV 310L Lecture 21 Keith
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Lecture Outline I. Policy Process II. Definitions III. Economic Policy: Who Wins? Who Loses? IV. Public Finance V. Education; Health and Human Services
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I. Policy Process
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II. Definitions Economic Policies: Government actions that affect economic activity or have economic consequences for individuals or groups. Social Policies: Government actions that guide our development as human beings and our relationships with other humans and our broader environment.
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III. Economic Policy: Who Wins? Who Loses? Subsidizing and Regulating Businesses Distribution/Redistribution Equality/Inequality: Major Regulatory Programs:
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Role of Government (2 views) Traditional Liberal/Social Contract Giving up freedoms in exchange for protection (of safety, rights, and/or property) Preserving competitive market; honoring contracts Advancing Public Interest Effective equality of opportunity Redistributive; safety net
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Regulation/Redistribution Business Regulation & Subsidy State Regulation Industrialization Agricultural Subsidy/Regulation
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