The Takshashila Podcast
Ep. 414: Why Neglecting Opportunity Costs Leads to Bad Policy
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:31:11
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Sinopsis
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
