3 ms·
Every industry has externalities, both positive and negative. Your comment is basically vacuous.
by antidesitter 8y ago
Every industry has externalities, both positive and negative. Your comment is basically vacuous.
- nnnnnande 8y agoYes, so why not do something about the negative ones?
- cwyers 8y agoYes, every industry has externalities. They exist. They're basic Econ 101 stuff. Which is why it's overly simplistic to say "nobody else should interfere in a transaction between two people." There's externalities, there's market failure, there's the tragedy of the commons. A belief in markets ought to be paired with an understanding of them.