If you own a gun and have a swimming pool in the yard, the swimming pool is almost 100 times more likely to kill a child than the gun is.
Steven LevittIn the United States especially, politics and economics donโt mix well. Politicians have all sorts of reasons to pass all sorts of laws that, as well-meaning as they may be, fail to account for the way real people respond to real-world incentives.
Steven LevittWhen people donโt pay the true cost of something, they tend to consume it inefficiently.
Steven Levitt