Difference between revisions of "Externalities"

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{{DES | des = Few actions can be undertaken in a society without affecting other people.  These effects are called externalities, and they can be beneficial or costly.  [[Econ 101]] covers how to deal with externalities, but this is conveniently forgotten for the sake of libertarian argument. | show=}}
 
{{DES | des = Few actions can be undertaken in a society without affecting other people.  These effects are called externalities, and they can be beneficial or costly.  [[Econ 101]] covers how to deal with externalities, but this is conveniently forgotten for the sake of libertarian argument. | show=}}
 
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Latest revision as of 12:54, 16 May 2014