NOTICE: All KPL locations will be CLOSED, Friday, July 3 and Saturday, July 4 in observance of Independence Day. For the most up to date hours of operation, visit our location page.

Thinking Like an Economist

Summary

Two case studies involving tragic fires help you grasp two classic economic situations—the Tragedy of the Commons and the difficulties of providing a public good. Then, apply what you have learned to see how an economist would think about the even larger problem of global climate change.