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Pages:
2 pages/≈550 words
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Other
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
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Topic:

D’Amico, McClure, and Bobbitt and the GoFundMe Campaign Hoax

Essay Instructions:

I need an article reflection about a non-academic article. Here's what I'm required to do:
1. What is the central message (brief description /summary/) of the video(s) / article (s)? Please avoid retelling. A good place to start is to explore which variables are related in this article. Remember the related articles are frequently called dependent variable(s)and independent variable(s).
2.How are these articles/videos connected to concepts/ frameworks in economics?–It is not sufficient to say that this article is an application of the concept of “opportunity cost”; you have to convince the reader to explain why this article is an application of “opportunity cost”.
3.Do you agree or disagree with the central message of the video(s)/article(s)that you are reading/watching for this article reflection? What do you agree with and what do you disagree with? Critically assess the reading/video using the lens of economic concepts or economic framework. This is where you need to be persuasive. You can use data, numbers, tables, graphs from other sources. You can also research online and find out what happened after the incident/story that is reported in this article/video. These sources need to be cited. Again, it is not enough to say this article relates to demand and supply. You have to convince the reader why this article relates to this particular framework.
4.What are the possible implications of the “policy” mentioned in the article? Do you have unanswered questions regarding these policies? This is the deep and thought-provoking part of the reflection.
The economic concepts mentioned in no.2 doesn't have to be really deep or complicated, as long as it's explained nicely and thoroughly.
No format is required, I'll attach a sample.

Essay Sample Content Preview:

Article Reflection
Name
Course
Instructor
Institution
Date
Model Article Reflection: Couple and Homeless Man Behind Viral GoFundMe Campaign Are Charged With Conspiracy
Summary / Main Point/ Central IssueThe article focuses on a New Jersey couple (Mark D’Amico and Kate McClure) who started a GoFundMe campaign for Johnny Bobbitt Jr., a homeless man under false pretenses (Garcia, 2018). D’Amico and McClure lied that Bobbitt had given them his last dollar after the couple had run out of gas. The story went viral, and the couple collected donations on behalf of Bobbitt but mostly used the money for themselves.Connection to EconomicsThere has been growing interest in using behavioral economics concepts to explain charitable giving and donation. Behavioral economists also research what influences altruism where people are unselfish and show concern for others where they help without feeling obligated or out of duty. Charity is a voluntary action, but when there is a viral story such as that of D’Amico, McClure, and Bobbitt, there is a tendency for impulsive giving. There are now various platforms and tools that allow people to donate small amounts where people give more when there are stories behind the donation drive. People tend to get fulfillment when they make charitable donations and are motivated to give, but economists still acknowledge that people sometimes give because of their self-interests. The article highlighted that it is mostly small donors and individuals who gave contributions, and in some cases, large contributions crowd out the small contributions. People tend to be more satisfied when they give money directly to charities, not being taxed, and the money goes to charity or welfare.
Critical Assessment
I agree with the article’s message that the three individuals in the GoFundMe campaign hoax needed to be charged for their actions. The article reports on how the GoFundMe hoax unfolded, providing background about the money raised and what the story gained traction. Thus, the writer provides insights into the relationship between the thr...
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