4/6 Class Flashcards

1
Q

election of 1960

A

John F Kennedy

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2
Q

Kennedy’s new frontier

A

cold war hawk
civil rights
it’s the economy, stupid
Kennedy was shot in 1963

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3
Q

unemployment debate(how do you fight it)

A

Keynesians - economic sops most of it up, winning camp

Structuralist - target specific pockets and categories of poverty

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4
Q

john F Kennedy how did he stimulate the economy

A

tax cut

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5
Q

the phillips curve

A

high unemployment means less inflation

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6
Q

human capital theory

A

investment in people, eg. education, training, etc

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7
Q

LBJ’s war on poverty

A
culture of poverty argument
economic opportunity act(1964) loans for small and rural business development 
work study for college students
domestic peace corps, of VISTA
Job Corps Centers
Neighborhood Youth Corps
Head Start
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8
Q

environmental movement and the push toward regulation

A

mass environmental movement:
beauty
Health
Permanence

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9
Q

invisible foot

A

kenneth boulding, the economics of the coming spaceship earth

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10
Q

tragedy of the commons

A

each farmer is working in their own self interest and might not work for the population as a whole

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