3 ms·
This doesn’t make sense. If I don’t want to pay the cost of alcohol I can just choose not to drink alcohol. If someone drives drunk and injures me, I can sue
by erikpukinskis 8y ago
This doesn’t make sense.
If I don’t want to pay the cost of alcohol I can just choose not to drink alcohol.
If someone drives drunk and injures me, I can sue them.
I can’t sue anyone for increasing the temperature of the planet. And I can’t opt out.
That’s why it’s an externality. It’s a cost that’s forced onto someone with no legal recourse.