Economics revolves around the study of benefits and costs. The goal of any economic action is to maximize net benefits (Total Benefits minus Total Costs). That maximization occurs when marginal benefits (the incremental benefit achieved from one additional unit) is equal to the marginal cost (the incremental cost achieved from one additional unit).
Whenever there is discussion in the economic world on different policies (for example, minimum wage, government stimulus, or protectionist tariffs), we spend much time discussing the costs and the benefits.* And, indeed, there are some studies that find that the estimated benefits for some government intervention will outweigh its estimated costs.
So, why then do I oppose these measures if the research may show a gain in benefits? The reason why is simple: those who benefit are not necessarily those paying the cost (and, as is often the case, those for whom the benefit is intended don’t…
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Utopia, you are standing in it! 
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