Since these did not work, is there some other device, institution, or resource that can help create an incentive for businesses to act appropriately and not choose profit over safety?
After reading the articles and viewing the “Invisible Impact” video, do you feel that cataracts, brain tumors and carotid stenosis can be directly related to radiation exposure?
July 25, 2019Briefly, explain the difference between market economy and planned economy.
July 25, 2019Since these did not work, is there some other device, institution, or resource that can help create an incentive for businesses to act appropriately and not choose profit over safety?
Question Description
For the case of Grimshaw v. Ford Motor Company, how did invisible hand fail here? Weren’t there consequences to Ford for their poor, profit driven decision?
Didn’t government hand fail though? Even with regulations about how cars had to be made, it still did not stop this problem form occurring.
Since these did not work, is there some other device, institution, or resource that can help create an incentive for businesses to act appropriately and not choose profit over safety?
