1. RECAP

2. RECAP 1/3

3. RECAP 2/3
How do each of the modern schools of thought deal with negative externalities as a result of the fallacy of composition?

4. RECAP 3/3

5. American Ideals in Practice

6. American Ideals?
Puritans and American Ideals
American Frontier
American Dream

7. 1. American Ideals What are the American ideals?
Who are the American heroes?

8. 2. Puritans and their Ideals
You are the light of the world. A city that is set on a hill cannot be hidden.
Predestination, Exceptionalism, Frontier mentality

9. 3. American Frontier (Together) We will go our way
(Together) We will leave someday
(Together) Your hand in my hands
(Together) We will make our plans
(Together) We will fly so high
(Together) Tell all our friends goodbye
(Together) We will start life new
(Together) This is what we'll do
(Go West) Life is peaceful there
(Go West) In the open air
(Go West) Where the skies are blue
(Go West) This is what we're gonna do
(Go West, this is what we're gonna do, Go West)
(Together) We will love the beach
(Together) We will learn and teach
(Together) Change our pace of life
(Together) We will work and strive
(I love you) I know you love me
(I want you) How could I disagree?
(So that's why) I make no protest
(When you say) You will do the rest
(Go West) Life is peaceful there
(Go West) In the open air
(Go West) Baby you and me
(Go West) This is our destiny (Aah)
(Go West) Sun in wintertime
(Go West) We will do just fine
(Go West) Where the skies are blue
(Go West, this is what we're gonna do)
There where the air is free
We'll be (We'll be) what we want to be (Aah aah aah aah)
Now if we make a stand (Aah)
We'll find (We'll find) our promised land (Aah)
(I know that) There are many ways
(To live there) In the sun or shade
(Together) We will find a place
(To settle) Where there's so much space
(Without rush) And the pace back east
(The hustling) Rustling just to feed
(I know I'm) Ready to leave too
(So that's what) We are gonna do
(What we're gonna do is
Go West) Life is peaceful there
(Go West) There in the open air
(Go West) Where the skies are blue
(Go West) This is what we're gonna do
(Life is peaceful there)
Go West (In the open air)
Go West (Baby, you and me)
Go West (This is our destiny)

10. 4. American Dream
But there has been also the American dream, that dream of a land in which life should be better and richer and fuller for every man, with opportunity for each according to his ability or achievement. It is a difficult dream for the European upper classes to interpret adequately, and too many of us ourselves have grown weary and mistrustful of it. It is not a dream of motor cars and high wages merely, but a dream of social order in which each man and each woman shall be able to attain to the fullest stature of which they are innately capable, and be recognized by others for what they are, regardless of the fortuitous circumstances of birth or position.
James Truslow Adams, 1931

11. 4. American Dream

12. 4. American Dream

13. 4. American Dream

14. GROUP ACTIVITY
In groups, take 15 minutes to discuss, where in the current American society you see the effect of:
Self-made man
Predestination
City Upon a Hill
American Dream
American Frontier

15. QUESTIONS Does the American Dream still work?
Is the US still a land of opportunity?

16. 4. American Dream

17. Thank you for your attention 