Rethinking Drug Legalization: A Path to a Safer Society
The debate over drug legalization has raged on for years, with passionate arguments on both sides. One perspective to consider is the potential benefits of legalizing all drugs. In this…
The Government Budget is Not a Household Budget: Debunking a Common Fallacy
One of the most enduring metaphors in public discussions of government finance is the comparison between the federal and household budgets. The argument goes like this: "Just as households must…
Behavioral Economics and How We Might Use It to Overcome Our Evolutionary Biases
Evolutionarily speaking, we are wired to seek immediate rewards. This is because our ancestors lived in environments where resource s were scarce and unpredictable. As a result, they evolved to…