2 Discussions#1 Administrative Law and BusinessSome argue that government needs to increase its regulation of business for the good of society as a whole. Others believe that the marketplace is self-r

2 Discussions

#1 Administrative Law and Business

Some argue that government needs to increase its regulation of business for the good of society as a whole. Others believe that the marketplace is self-regulating and that government intervention through needless regulation places an unfair, costly burden on businesses in general and on small businesses in par­ticular. What role do you believe government regulation should play to ensure ethical conduct by businesses? How do different political viewpoints potentially shape the answer to this question?

#2 Regulation and the Greater Good

After viewing The Crisis of Credit Visualized https://vimeo.com/3261363 video, respond to each of the following:

• How could government regulations have prevented or mitigated the credit crisis of 2008?
• Discuss whether too much governmental regulation of business or too little governmental regulation of business presents the greater danger to:
  • the greater good
  • business