If you were running the govemment, would you ask whether it would be cost-effective to make children's

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"If you were running the govemment, would you ask whether it would be cost-effective to make children's pajamas flame-resistant, or would you just order the manufacturers to do it? Would you be moved by the pleas of crib manufacturers who told you it would cost them a bundle to move those slats closer together?"

[Herbert, 1995]. How would you respond to these questions?

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Public Finance

ISBN: 9780073511283

8th Edition

Authors: Harvey Rosen, Ted Gayer

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