1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fiasKO [112]
3 years ago
13

Consider this quote by Thomas Sowell: ""Prices are important not because money is considered paramount but because prices are a

fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated."" Would Hayek agree with Sowell? Explain carefully and fully.
Social Studies
1 answer:
White raven [17]3 years ago
3 0

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.

You might be interested in
What led to the rise of communism in the Soviet Union? Choose all answers that are correct.
german

The correct answers are:

(B) Poverty for most Russians

(C) Food shortages

(D) The writing of Karl Marx


7 0
3 years ago
Read 2 more answers
What is the right answer to how many police officers does a jurisdiction need
Ratling [72]
Depends on the size of the county
3 0
3 years ago
Which statement describes Marco Polo?
Zolol [24]

Answer:

its D

Explanation: I took the test on edge hope this helps :)

6 0
3 years ago
Read 2 more answers
Which research questions would be the most effective in researching the effects of television on children? check all that apply.
Sveta_85 [38]
<span>I consider that I would select the following for the reasons I will describe:
- How many hours each day does the average child spend watching television?: This would investigate in order to check if there is a correction between the hours a child watches television and the development of the child.
- How does watching television every day impact children's brains?: This question I consider crucial to understand if there is a correlation between the use of television and the neurological development of the child.
- How do different television programs influence children's views about society?: This question would help in an investigation of the development social area.
</span><span>- Is there a relationship between children's physical fitness and their television viewing habits? <span>: This question would help to better understand the influence of television on the behavioral development of children.
</span></span>
I hope my answer can help you.
<span><span /></span>
4 0
3 years ago
Read 2 more answers
Can somebody help me with a bit of schoolwork please?
olga2289 [7]
Tidal power:I think 3 image
6 0
2 years ago
Other questions:
  • What was the purpose behind the Albany Movement?
    8·2 answers
  • I have a Brainliest please help
    15·2 answers
  • Love Canal residents were engaging in __________ behavior when they called attention to their problems with the chemical dump si
    11·1 answer
  • Is it correct to say Napoleon the Third acted in a hasty way after his first army lost to Zaragoza ?
    8·2 answers
  • Biological processes, such as the role the brain has in behavior, is the focus of the field of behavioral:_______.
    14·1 answer
  • What are the effects of earth rotation
    13·1 answer
  • Poor performers lack the necessary competence to accurately assess their own performance on a test, thus overestimating their sc
    14·1 answer
  • HELP PLEASE. WILL MAKE BRAINLIEST, 5STARS AND HELPFUL
    14·1 answer
  • What is a right of Georgia citizens under the Georgia constitution
    14·1 answer
  • Help! I am working on a project in which I have to decide if my topic is a diplomatic event or a debate event or if it is a mixt
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!