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Unproductive is not the same as unprofitable.
by tamana 11y ago
Unproductive is not the same as unprofitable.
- eru 11y agoIndeed. It's the job of a good regulatory environment to make the two coincide as much as possible. (Including a tax system that internalizes externalities. See https://en.wikipedia.org/wiki/Pigovian_tax https://en.wikipedia.org/wiki/Pigovian_tax)