Firstlawcomic

Who is at fault in a side impact collision? One driver typically takes all the fault because they did not have the right of way. However, this is not always the car that makes the side impact. Sometimes, the vehicle that gets hit from the side is the one that may take the blame. It comes down to the situation and who had the green light or the right of way. Is it always your fault when you rear end? The rear driver in a rear-end collision is not always at fault for the accident. Liability in a rear-end collision...

What did Keynes and Hayek disagree on? He criticized Keynes' belief in monetary policy that drives down interest rates through increased money supply. Hayek contended that this strategy would increase inflation and ultimately lead to “malinvestment” as interest rates would be artificially low. What are the criticisms of Keynesian economics? Criticisms of Keynesian Economics Borrowing causes higher interest rates and financial crowding out. Keynesian economics advocated increasing a budget deficit in a recession. However, it is argued this causes crowding out. For a government to borrow more, the interest rate on bonds rises. Who opposed Keynesian economics? Milton Friedman was...