The Cost of Doing Nothing
Prairie Eco-Thrifter
SEPTEMBER 15, 2013
Amartya Sen, the Nobel prize-winning Harvard economist who wrote a book called The Cost of Inaction, is quoted in an Economist article A Dollar now or a Hundred Dollars Later as saying: “There is indeed an “ opportunity cost of doing nothing”, that is, the failure to reap the benefits of an effective intervention.”.
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