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No, you’re limiting the externalities that an individual land owner can impose on everyone else.
by teakettle42 5y ago
No, you’re limiting the externalities that an individual land owner can impose on everyone else.
- dionidium 5y ago"Externality" is one of the most tortured terms in widespread use and it would have been better if non-economists had never heard of it. Just because you don't like something, that doesn't mean anything has been "imposed" on you. You're dangerously close to describing the existence of other human beings as an "externality" that needs to be solved for, a view with a less-than-stellar track record.