3 ms·
(neo)liberal != libertarian. The government has a clear role for internalizing externalities, which makes markets more efficient. Or, in this case, using price
by kfajdsl 1y ago
(neo)liberal != libertarian.
The government has a clear role for internalizing externalities, which makes markets more efficient. Or, in this case, using price signals to allocate scarce resources when it was just a free-for-all before.