Monday , September 21 2020
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Public health, externality, and vaccination

Paternalism is contentious. Arguments for state action to protect us from ourselves are fraught. I come down pretty heavily on the anti-paternalism side of the argument, but I've heard respectable defences of paternalism. But policy around vaccination is hardly paternalistic. There's a clear market failure that could be pointed to in any sound Regulatory Impact Statement.In a place with relatively high vaccination rates, the primary benefit from your getting vaccinated goes to other...

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