The Corner

Economics

Trash and Trade-Offs

My latest Washington Post article is about New York City’s advance to containerized trash. After making fun of them for being so late, I ask what took them so long. The answer:

It’s a story that’s common in public policy debates: There are no solutions, only trade-offs.

That phrase, attributed to economist Thomas Sowell, is a good reminder that policy choices can often be hard and require humility on the part of policymakers. And it’s even true for something as simple as putting trash in bins.

Read the whole thing here.

Dominic Pino is the economics editor and Thomas L. Rhodes Fellow at National Review and the host of the American Institute for Economic Research podcast Econception.
Exit mobile version