Why is the tragedy of the commons a challenge to Adam Smith's "invisible hand" argument, according to Hardin?
a. It shows that people do not act rationally.
b. It questions the basic premise on which capitalism is constructed.
c. It shows that the establishment of stability and security can have unintended consequences.
d. It invalidates Smith's core assumption that individually rational decisions will produce outcomes that are collectively beneficial.
d
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Federal courts have been leaders in __________.
A. protecting civil and political liberties B. establishing traffic violations C. implementing the death penalty D. defining terms for the medicinal use of marijuana
Hungary, after going through its democratic transition in the 1990s, established a system of judicial review similar to Germany's and the one in the United States
Indicate whether this statement is true or false.
Federal judges are appointed by the president and confirmed by the ____________________
Fill in the blank(s) with correct word
During the first three years of the economic recovery following the Great Recession, the top 1 percent of Americans enjoyed __________ percent of the national income
a. 65 b. 85 c. 95 d. 100