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To which I would add: different ways of setting it up have different consequences. The fact that this service is both reliable and free means that I have no in
by lisper 2y ago
To which I would add: different ways of setting it up have different consequences. The fact that this service is both reliable and free means that I have no incentive not to get my pump fixed when it fails, which makes it less likely that a failed pump will go unrepaired and leak raw sewage into the creek behind my house.
(This is one of the (many) things that I never see libertarians address: how do you deal with externalities?)
- HPsquared 2y agoOh for sure, there needs to be a central authority to look after the commons. It's whoever controls that area, be it the federal/state/local government, or more traditionally the local lord or the king or whoever.