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S E16: Externalities - The Full Cost of the Choices we make

S E16: Externalities - The Full Cost of the Choices we make

FromThink Like An Economist


S E16: Externalities - The Full Cost of the Choices we make

FromThink Like An Economist

ratings:
Length:
16 minutes
Released:
Nov 3, 2020
Format:
Podcast episode

Description

What happens when others benefit from your choices, like your decision whether or not to wear a mask? Or when your choices hurt others, like smoking?  Economists Betsey Stevenson and Justin Wolfers delve into the world of externalities and explore how policy makers can help ensure effects on others are taken into account. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 3, 2020
Format:
Podcast episode

Titles in the series (54)

Think Like an Economist and you’ll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, and they want to teach you to fly.