A Student Voice: A fiscal system that punishes success and rewards failure
A Student Voice: A fiscal system that punishes success and rewards failure
The two most important lessons one can learn in economics are: “There’s no such thing as a free lunch” and “Incentives matter.” In a world of scarcity, every choice we make has an opportunity cost. As rational beings, every one of us is trying to achieve the best outcomes under the current constraints. Frederic Bastiat...