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The market won’t decide optimally because the costs (climate change) are socialized across the whole population but the benefits are not. It’s basically saying
by paulgb 6y ago
The market won’t decide optimally because the costs (climate change) are socialized across the whole population but the benefits are not.
It’s basically saying if you don’t like pollution don’t pollute, which is flawed in ways I don’t have to explain.
- nwah1 6y agoThe Personal Responsibility Vortex is a decent explanation. https://www.youtube.com/watch?v=SjNRtrZjkfE https://www.youtube.com/watch?v=SjNRtrZjkfE
- whoisninja 6y agoya then debate about it, write about it, learn about it may be you are right , may be you're wrong just don't be too sure that you know better than most