S E16: Externalities - The Full Cost of the Choices we make
Think Like An Economist
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Why You Shouldn't Wear a Mask
People tend to focus on the costs and benefits that they face, or their friends face. They ignore at least some of the benefits to others. The more people actually do care about other people, the more likely they are to do what's best for society. But it takes a saint to put the same weight on eight billion other people as you do on yourself.
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