National Standards for 'M and M Interesting.'
National Standard Number: 2
Effective decision making requires comparing the additional costs of alternatives with the additional benefits. Most choices involve doing a little more or a little less of something: few choices are "all or nothing" decisions.
National Standard Number: 6
When individuals, regions, and nations specialize in what they can produce at the lowest cost and then trade with others, both production and consumption increase.
National Standard Number: 15
Investment in factories, machinery, new technology, and in the health, education, and training of people can raise future standards of living.
