Contrast centralized and decentralized ways of making laws

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Question: 1. Central planning was the method used in the communist system for making commodities. It failed because the planners lacked the information and motivation to direct an increasingly complicated economy. Instead of being inevitable, socialism proved to be impossible. Making laws is not so different from making commodities. Contrast centralized and decentralized ways of making laws.

2. In Chapter 6 we explained the Hand rule for determining whether an injurer was negligent. Does the Hand rule require that "injurers show equal concern for the harms suffered by others as for themselves"?

Reference no: EM131908483

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