The Era of Market Triumphalism

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What was the primary ideology that guided economic policy-making during the era of market triumphalism?

  • Socialist reforms
  • Government intervention and regulation
  • Market-oriented liberalism (correct)
  • Environmental protectionism

Who were the two political leaders that played a key role in inaugurating the era of market triumphalism?

  • Ronald Reagan and Bill Clinton
  • Bill Clinton and Tony Blair
  • Margaret Thatcher and Tony Blair
  • Ronald Reagan and Margaret Thatcher (correct)

What was the consequence of the financial crisis on the era of market triumphalism?

  • It had no impact on the era of market triumphalism
  • It led to a strengthened faith in the ability of markets to allocate risk efficiently
  • It led to a shift towards socialist economic policies
  • It marked the end of the era of market triumphalism (correct)

What is the primary critique of the solution that involves reins in greed and promoting greater integrity and responsibility among bankers and Wall Street executives?

<p>It is insufficient to address the scale of the problem (B)</p> Signup and view all the answers

What is the central theme of the argument that the era of market triumphalism has come to an end?

<p>The need to rebalance the relationship between markets and morals (B)</p> Signup and view all the answers

What is the primary concern that the author expresses about the expansion of markets?

<p>The expansion of markets into spheres of life where they don't belong (B)</p> Signup and view all the answers

Which of the following is NOT an example of the reach of markets into traditionally nonmarket spheres?

<p>The provision of public education through government-run schools (B)</p> Signup and view all the answers

What is the intended outcome of the public debate about the role of markets in society?

<p>To rethink the role that markets should play in our society (D)</p> Signup and view all the answers

What is the author's main concern about the buying and selling of 'naming rights' to parks and civic spaces?

<p>The commercialization of public spaces (B)</p> Signup and view all the answers

What is the author's view on the current system of campaign finance?

<p>It comes close to permitting the buying and selling of elections (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Use Quizgecko on...
Browser
Browser