Ep. 414: Why Neglecting Opportunity Costs Leads to Bad Po...

What this episode covers

Opportunity cost is the value of the next best alternative that is foregone when exercising a particular option. Any good public policy needs to take this into account, to avoid an inefficient allocation of scarce resources

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Frequently Asked Questions

How long is this episode of All Things Policy?

This episode is 31 minutes long.

When was this All Things Policy episode published?

This episode was published on September 16, 2020.

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