How has trade, beginning with the Silk Road and going up through the 20thcentury, affected societies?
find out about the directors and crew behind The Color Purple. Find out as much as you can about the director and the crew who made the film. Explore this research question:
What did the director intend to accomplish with this film and did he/she feel it was accomplished? if possible, explore any connections between the director/crew and author of the novel. Discuss audience reactions, especially by those who read the book and watched the film.
What economic problems are created by “iron-clad” property rights?
What is the economic rationale provided for the infringement of private property rights?
Discuss the overall (economic-wide) impact of your infringement example.
Is it common?
What is its effect on incentives to invest?
What steps have been taken to mitigate the economic impact of the infringement on property rights (if any)?
-Based on your example, discuss whether, in your opinion, states should infringe on property rights more or less often.
If you argue for less often, can you think of alternative mechanisms addressing the economic problems created by “iron-clad” property rights?
If you argue for more often, how would you ensure that incentives to invest are being maintained?