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One of the first lessons in an economics class is every action has a cost. That is in stark contrast to lessons in the political arena where politicians virtually ignore cost and talk about benefits and free stuff.
If we look only at the benefits of an action, policy or program, then we will do anything because there is a benefit to any action, policy or program.
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This article was published at Intellectual Takeout, by Walter E. Williams.
Article Link: https://www.intellectualtakeout.org/costs-must-be-weighed-against-benefits/
