Black Steel in the Hour of Chaos
Media Type: Music Topic: Opportunity Cost
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Public Enemy
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In "Black Steel in the Hour of Chaos," Chuck D describes going to jail for refusing to report when drafted - otherwise known as conscription. Is conscription less costly from society's viewpoint than a volunteer draft? What role do opportunity costs play? Why might a government choose conscription? How might conscription change the allocation of resources between labor and capital in the production of defense?
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