Sunday, February 23, 2014

3

Something that I was able to relate from my life in this chapter is when Wheelan was talking about how governments put regulations on things like what things homeowners can do to their own houses. A couple years ago my family was putting on an addition to the top floor of our house and we had to change our original plans to only go out of the back of the house, to go out to the front side now too because of this monster house legislation. Minnapolis had passed this monster house legislation that limits you to the type of additions and construction that you can do. My parents wanted to put a dormer across the whole length of the back side of the house but the legislation limited us to do that because the goal of the legislation was to make sure neighbors would not have anything taken away from their house from our house getting bigger, to make sure there was no negative effect.

Another thing I found fascinating was how many African countries are rich with oil and diamonds but their governments failed to develop and sustain what is needed so support a market economy. How Angola had the money (900 million) to spend to help their children live beyond the age of five but instead spent it all on weapons. I have always wondered how Africa had found its self In such a whole but now I understand that a lot of it is simply from a failed market economy.

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