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An argument can be made that participating in the stock market and participating in post-HS education are participating in "peak society". Peak society arm 1 sh

• Gibbon1 3y ago
  Argument I read from an economist was that economists want to you pretend that negative externalizes don't matter. And that positive ones don't exist. He said if you accept positive ones exist then that changes a lot. What economists hate is the idea that a society where people chose actions with positive externalities is better off than one where they are selfish. Someone going to night school to get a learn something and get a degree has large positive externalities . So think of the the reverse of a pigovian tax where you tax people doing things with negative externalizes. Here you subsidize people doing things you do want and tax everyone else who might benefit to pay for it.