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Yes, I would. If there's some negative externality caused by activity X, put a price on that externality and let the market decide whether X is still worth it.
by quotemstr 6y ago
Yes, I would. If there's some negative externality caused by activity X, put a price on that externality and let the market decide whether X is still worth it. Top-down bans and mandates and price controls and all sorts of other clumsy interventions in society destroy value and cause endless misery to humanity. What works is letting people decide on their own how to live their lives.
https://www.amazon.com/Seeing-like-State-Certain-Condition/dp/0300078153 https://www.amazon.com/Seeing-like-State-Certain-Condition/d...
- aetherane 6y agoHow does this work then? If you raise electricity prices people who need it for everyday living won't be able to afford it