Who was Jane Jacobs? Who are all these other guys?

And what's up with Alfred Marshall's moustache??
Today we heard about 7 different economists from different historical eras.
See if you can match them with these ideas:
1. It is possible to end extreme poverty.
2. Supply and demand theory
3. Groundbreaking policies that made life better for average Americans during the Great Depression.
4. Walkable, livable cities that are made for people, not cars.
5. Large corporations' power should be controlled.
6. Free trade is good for all countries involved.
7. Responsible for policies that led to the breakup of the Soviet Union and the end of communism in Europe.

We look forward to the presentations on Monday by the Grade 11's.

What is a pure market economy? What is a mixed economy?

In a pure market economy, all decisions are made by private individuals and firms. The government's only role is to prevent illegal transfers of resources.
All economies have some elements of a command system (eg. gov't health care, education, business regulations) and a market system.

We will take up worksheet questions 1 and 2 tomorrow.

Here is the link to the Global Museum on Communism.
http://www.globalmuseumoncommunism.org/

Karl Marx, author of The Communist Manifesto