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Economics

The Economics of Vaccine Mandates and Herd Immunity

Quick fact

The vaccine that protects you from a virus also creates a benefit for everyone else: fewer places for the virus to live. But because that benefit isn't paid for, many people are tempted to skip the shot and still get protected by others—the classic free-rider problem.

Why this is interesting

Why would a government ever force its citizens to take a medical product? Because sometimes the disease is not just a personal problem—it’s an economic problem where your choice affects my health.