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70. You Make Me Feel Like a Natural Experiment

People I (Mostly) Admire

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Natural Experiments and Military Service Insights

This chapter examines the value of natural experiments in understanding economic outcomes, specifically focusing on the effects of military conscription during the Vietnam era. It highlights a study on electronics in classrooms and discusses the draft lottery system, revealing how these factors influence long-term earnings for veterans. Additionally, the chapter addresses common misconceptions about the disadvantages experienced by Vietnam veterans and explores the relationship between draft eligibility and socioeconomic consequences.

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