> The profit goes to the lawbreakers, the loss goes to the citizens of this country who can't do that job at a decent wage. By that definition, every transacti

> The profit goes to the lawbreakers, the loss goes to the citizens of this country who can't do that job at a decent wage. By that definition, every transaction where someone accepts a low wage causes a negative externality against someone who would accept a higher one. This does not match my understanding of externalities.