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Economic approach to thinking to challenge

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Reference no: EM131766946

How does Bjorn Lomberg demonstrate economic reasoning by discussing the use of 50 billion dollars to address the top 10 problems of the world? Did his reasoning surprise you? Is it surprising that people oppose prioritization and cost/benefit analysis in allocating scarce funds? Give an example of how you might use the economic approach to thinking to challenge Lomberg's priorities.

Reference no: EM131766946

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