Critically analyze the pros and cons of putting a price ceiling on prescription medicine. Make sure to use concepts from the chapter in this unit such as government intervention, inefficiencies, price elasticity, etc. in your answer. In the first case, assume the medication is for a life threatening illness for which your child has been diagnosed. In a second case, assume the medication is for an improved quality of life issue, such as achieving a healthy weight. What are the impacts that the pharmaceutical company that makes the medications in question will experience? How will that affect the pharmaceutical company’s production decisions? What about its decisions to conduct further research into new drugs?
Instructions In this research-based assessment, you will be applying a Kantian perspective to a contemporary moral issue. Current contemporary moral issues range from genetic engineering to issues related to the use of torture in wartime. For this assessment you will need to research contemporary moral issues and select one that will be the focus of your paper as you apply the Kantian perspective. Once you select your moral issue, you will need to address the following in a properly formatted research paper. · Explain what duty is according to Kant and how this view differs from other senses of duty. · Describe the relationship between a good will and duty for Kant. · Differentiate the two formulations of the Categorical Imperative. · How do these formulations apply to your selected contemporary moral issue? · Using the foundation of Kant’s moral theory explain how there is a moral duty for your selected contemporary moral issues. · Express your view as a maxim. · How feasible is it to...
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