Why would not the world be a better place without it, Macroeconomics

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Why would not the world be a better place without it

Problem

We said earlier that the invention of liability insurance was a precondition for the creation of value that resulted from driving. But because liability insurance also encourages drivers to take additional risks, why wouldn't the world be a better place without it?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why would not the world be a better place without it

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