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Economic policy Government policy -- Law and order, Defining rules of property, Enforcing contracts, Governing rule of exchange, Setting Market Standards, Providing Public Goods, Creating a labor force, Ameliorating externalities, Promoting competition (antitrust policies) Federal Reserve -- relationship between inflation and employment, Interest Rates, Reserve Requirements, open-market and other fiscal policies Taxation -- progressive and regressive taxation, redistribution policy Discretionary, entitlement, debt service spending Social welfare policy Social Security Act - contributory (Social Security, Medicare, prescription drug benefit) and noncontributory act (AFDC, Medicaid, Food Stamps, Goldberg v Kelly, definition of entitlement) Pros and Cons on welfare -- moral hazard Welfare reform (Personal Responsibility and Work Opportunity Reconciliation Act) Future of Social Security Education-- GI Bill, National Defense Education Act, No Child Left Behind Foreign policy Sources of foreign policy -- President, Congress, Bureaucracy (State Department, Department of Defense, Joint Chiefs of Staff), media, special interest groups. Realism, Liberalism, Neo-conservatism, pre-emption |
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