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I remember that story about the Tell Aviv daycare. It makes for a fun story, but in the end the issue was that they charged too little. They purposely made it a
by thinkloop 9y ago
I remember that story about the Tell Aviv daycare. It makes for a fun story, but in the end the issue was that they charged too little. They purposely made it a tiny charge so as not to be perceived as adversarial or overly punitive to their customers. Had they properly accounted for the costs of late pickups, it should work out such that everyone is indifferent when it happens.
When negative externalities are properly accounted for, it's less "rich can but right to pollute" and more "if you want to pollute, you have to pay to clean it up too".