Aug 22, 13 •
495 Views •
Behavioral Economics, Economic Debates, Economic Growth, Education, Labor, Macroeconomic Measurement, Thinking Economically •
Elaine Schwartz •
NYC’s $69 billion budget is all about trade-offs. With $10 million NYC could buy 9 ladder trucks for its fire department or pay 80 police officers a year. It could also resurface 65 lane-miles of city streets or it could just return $4.47 to each
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