The Economics of Scaling | Economics For Everyone

In this lesson, Professor John List explores the concept of scaling. He discusses his experience with an early childhood program and how promising results often fail to replicate at scale, leading to skepticism from policymakers. The lesson introduces the “five vital signs” for scaling success, which include ensuring accurate data, understanding target populations, evaluating unique circumstances, managing spillover effects, and considering cost-effectiveness. -- Setting aside math, E4E helps students everywhere think like economists and understand how economic thinking can make the world a better place. Whether you're an educator, a student, or a lifelong learner, Economics for Everyone is for you! Register at https://econ4everyone.uchicago.edu to access more than 60 videos featuring UChicago professors and researchers in our free microeconomics curriculum, available in English and Spanish.