Episode 253: Tradeoffs, Lockdowns, Climate Change, and Free Stuff
Words & Numbers
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You Make a Choice Involving Trade-Offs
In a market environment, we tend to be able to take into account trade-offs. We can adapt based on our perception of trade-offs and what happens to us when we make one decision versus another. When government's involved, the person who makes the decision is not the person who has to live with the consequences.
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