Answer:
Yes, Hayek will agree with Sowell.
Explanation: Hayek is a firm believer in the fact that no one person has all the information needed to solve economic or issues affecting a complex economy.
Hayek in one of his papers stated that the information needed to operate a complex economy should be based on the views of individuals making up the economy,according to Hayek, information should be decentralized others should also have their own views on economic issues.
With this view expressed by Hayek, he will certainly agree with Sowell as it is based on his own findings and believe.
<span>Well the answer is simple if you look at it from an economic standpoint. Say the oil poor country is unable to develop energy sources that move away from having to use oil to get energy, the oil rich country comes in and sees a great trade opportunity.
Basically here's how it works:
- Oil Rich country offers trade
- The two nations bargain for the price of the commodity being sold
- Both parties reach an agreement
- Oil Rich country starts exporting excess oil to oil poor country
- Oil poor country pays oil rich country
- Oil poor country uses purchased oil to provide power to citizens
- Oil rich country has more money in its coffers for government projects
As you can see, the oil poor country gets the benefit of having oil (which in this day is more valuable than gold sometimes), while the oil rich country gets more money to spend how it wants.
Look at the United Arab Emirates, and more specifically the city of Dubai. They BUILT islands that look like palm trees, with multi million dollar homes on them. They just have that much money. Heck, the princes of the UAE and Saudi Arabia (two of the most oil rich countries in the world) are worth more than Bill Gates, Steve Jobs, the entire Apple, and Microsoft companies combined.
Hope this helps you!
</span>http://openstudy.com/study#/updates/534b3f6de4b01a36187871ca
Answer:
i guess he referring to them as equal
Answer: The highest security classification. "Top Secret shall be applied to information, the unauthorized disclosure of which reasonably could be expected to cause "exceptionally grave damage" to the national security that the original classification authority is able to identify or describe."
Explanation:
Answer: For 35 to 45 mph - 50 feet from crosswalk. Above 45 mph, parking should be restricted to 100 feet from the crosswalk.