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How a state treats its own citizens used to be its own business. Now, members of the international community are claiming that the humane treatment of individuals is fundamental to human rights.
(a) Are there such things as universal human rights?
(b) What should they include?
(c) Why do you think the United States hasn't ratified the International Covenant on Economic, Social, and Cultural Rights?
Economic Analysis
The systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving specific objectives.
Workers Pay
The compensation, including wages, salaries, and benefits, that an employee receives from an employer in exchange for their labor.
Excise Tax
A specific tax levied on certain goods, such as cigarettes or alcohol, usually to discourage their use or generate revenue.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount they actually pay.
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