Tag: costs and benefits
The dumbest thing Batman ever said
December 12, 2016 | Post
Batman is wrong about Superman. Here’s why.
The best person to plan your next flight is you
October 24, 2016 | Post
There’s more to travel than the sticker price of different ways of getting from point A to point B.
To Reduce Concussions in the NFL, Reduce the Amount of Equipment
October 4, 2016 | Post
When the costs of risky behavior are reduced, people tend to increase the amount of risky behavior they engage in.
How Economics Can Explain Foreign Policy Failures
September 1, 2016 | Post
Why do foreign policy adventures so often go awry? In this week’s Learn Liberty video, Professor Abby Hall Blanco reveals how economic principles–like incentives and constraints—can explain the frequent poor outcomes of foreign policy. Incentives are usually defined by economists as the evaluation of the costs and benefits of a particular decision. But incentives may […]