From disease pandemics to hunger, civil strife, ed

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Giving Aid Effectively: A Reprint from the Federal Reserve Bank of Minneapolis 2005 Annual Report

From disease pandemics to hunger, civil strife, ed

Our Price: $25.00

By Nancy L. Stokey (au)
Year: 2005
Pages: 25
Binding Paperback

Product Code: 1437906176

Description

From disease pandemics to hunger, civil strife, educational needs, pollution and global warming, among others, there are a host of issues that vie for attention and demand resources. However, these resources are limited. How can we possibly decide that people whose lives are plagued by hunger are more or less worth helping than those who are faced with a life-threatening disease? But the fact is, we have to decide because we can’t aid every afflicted person or solve every problem -- at least not at the same time. We have to prioritize. That’s where economics comes in. Stokey explains that economics offers an analytical tool -- benefit/cost analysis -- that helps people make choices about these very important matters. Charts and tables.

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