Economic Affairs

Free to choose, but at what price?

When should governments step in to regulate personal decisions? A cost-benefit analysis suggests it's when those actions impose a cost on society, such as when protests disrupt property rights.

Recent events such as the Hong Kong protests, suggested tax on sugar and proposed ban on personal mobility devices (PMDs), as well as the cancellation by Yale-NUS College of the "Dialogue and Dissent" module, have raised questions about where the balance between freedom of choice and government intervention lies.

These questions are not new and there are many facets to the debate.

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A version of this article appeared in the print edition of The Straits Times on December 04, 2019, with the headline Free to choose, but at what price?. Subscribe