Where do you get your clothes from?? (Night Class)

Watch this video on workers in Bangladesh.
Now that you have experienced (granted that it is limited) both sides of the outsourcing argument where do you stand?  Create a response that harnesses what you have learned about specialization and trade.  Is this just our reality or can business practices be changed to benefit everyone??  Give examples to support your arguments and reply to another person's comment.  

Quick in-class post (Night Class)

What is your interpretation of this quote made by Claude Frederic Bastiat, “When goods cannot cross boundaries armies surely will?”  

 CLAUDE FREDERIC BASTIAT was a French economist, legislator, and writer who championed private property, free markets, and limited government. 

Where do you get your clothes from?? (Day Class)

Watch this video on workers in Bangladesh.

Now that you have experienced (granted that it is limited) both sides of the outsourcing argument where do you stand?  Create a response that harnesses what you have learned about specialization and trade.  Is this just our reality or can business practices be changed to benefit everyone??  Give examples to support your arguments and reply to another person's comment. 

Quick In-class Post (Day Class)

What is your interpretation of this quote made by Claude Frederic Bastiat, “When goods cannot cross boundaries armies surely will?”  

 CLAUDE FREDERIC BASTIAT was a French economist, legislator, and writer who championed private property, free markets, and limited government. 

How do you plan to specialize? (Night Class)

Please tell the class how you plan to specialize yourself within the U.S. economy.  What training will you need, where will you find this training and how much will this training cost? What services or skills will you be trading with others? Remember to comment on the post of your peers. 

How do you plan to specialize? (Day Class)

Please tell the class how you plan to specialize yourself within the U.S. economy.  What training will you need, where will you find this training and how much will this training cost? What services or skills will you be trading with others? Remember to comment on the post of your peers. 

Making an exchange who wins? (Night Class)

Step #1 Imagine that you pull up to a gas station and put $25 worth of gas in the tank.  After you are done pumping the gas you go inside the gas station and pay the owner $25.  At this point you traded $25 for X amount of gas (depends on price per gallon).  Who gained from this situation and lost in this situation.  State your opinion and respond to at least one of your peers post!

Step #2.  Also watch this 2 minute video and guess what the highest price for gasoline will be in 2014!