2 ms·

There's a wide gap between "ignored" and "received the attention they deserved".

• dghlsakjg 4mo ago
  Externalities arguably haven’t received the attention they deserve outside of economics, but I would disagree; what are climate change discussions, if not a discussion about externalities? Hell, just about any global issue is, in part, about externalities. Inside of economics, they have more than 130 years of work, and are taught in any intro class. If your argument is that we are bad at correcting for them, then yes. But that is different than not considering them.
  • atmavatar 4mo ago
    > what are climate change discussions, if not a discussion about externalities? Climate change has been discussed for well over a half century, yet one of the main priorities of the current administration has been to hamstring renewable energy and promote coal and oil. I think it's pretty fair to say the issue is being ignored.
    • techsystems 4mo ago
      Carbon tax, plastic bag tax, etc. are from the learnings from economic externalities that is applied to climate policy. Other non climate externalities based policies are sugar tax, alcohol/cigarette/drug tax, education, healthcare, etc.
    • dgellow 4mo ago
      Ignored by the administration, not by economists. The administration is a political body and proved over and over they don’t care at all about economists opinion (see everything from this admin about tariffs and trade policy)