Do you agree that human beings, having the ability to direct their own behavior by rational decision and choice, can only be used in a way that respects this capacity? That is to say, is any exchange between two people in the absence of direct physical compulsion by one party against the other (or threat thereof) necessarily free? Explain Do you believe that people deserve all they are able, and only what they are able, to get through free exchange? Explain.
Do you agree that human beings, having the ability to direct their own behavior by rational decision and choice, can only be used in a way that respects this capacity? That is to say, is any exchange between two people in the absence of direct physical compulsion by one party against the other (or threat thereof) necessarily free? Explain Do you believe that people deserve all they are able, and only what they are able, to get through free exchange? Explain.
Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter22: Frontiers Of Microeconomics
Section: Chapter Questions
Problem 6PA
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