Where Financial Regulation Goes in a Republican Era
Use an article in Wall Street JournalThe summary shall state the date, author and topic of the article (1st paragraph).The 2nd and 3rd paragraphs (or additional paragraphs as is necessary) shall summarize anddescribe the key points of the article. This portion of the summary should discuss the relevant“economic event(s)” or “issue” addressed in the article. (For example, it could be about housingprices in the United States or pollution related issues in China.)Finally, the summary should critically evaluate the economic issue or concept that isaddressed in the article. (For example, housing prices are rising because the supply is declining orthe pollution in China is being reduced by government taxes.) In this latter part of the summary, youare expected to analyze the economic issue or event through the tools learned in the class. Forexample, if the article is about the increase in U.S. car sales which is tied to falling gasoline prices,then you would analyze the automobile market in terms of an increase in demand caused by a declinein the price of a complimentary good (gasoline).Feel free to pick any economic topic or event that interests you (that is the point) and becritical in your analysis. If the article states things that are inconsistent with economic theory,point out the inconsistency.Finally, you must attach the article to your summary and cannot use an article
Where Financial Regulation Goes in a Republican Era
(Student’s name)
Mathematics and Economics
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Where Financial Regulation Goes in a Republican Era
The article was published on April 24, 2017 and written by Ryan Tracy and Andrew Ackerman. The topic of the article is about the global financial crisis that happened in 2008 that led to new regulations that were established to prevent it from happening again.
The first point made is that when 2008 came, the administration of Obama began a rule that caused the government to work more with bank boardrooms, decisions in loan-underwriting, and about retirement. The purpose of all this is to prevent everyone from having financial trouble and weak financial products.
Another point giv...
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