The externalities created by the pursuit of corporate self-interest and profit above all else can no longer be hidden or sent far away from the public eye. Phil Gramm and Michael Solon’s “Enemies of ...
CONSUMPTION, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...
Consumption, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...
The researchers sought to find the range and scope of externalities, e.g. the unexpected costs or benefits resulting from economic activity that affects people other than those engaged in that ...
The COVID-19 pandemic has highlighted the high costs that unchecked externalities – such as those resulting from people not wearing face masks – can impose on an economy and society. Economists must ...
"The free market isn’t very good at dealing with positive externalities" that come when some workers enable the rest of us to stay at home, writes this law professor — "or compensating those who bear ...
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