Tuesday, January 17, 2006
Person of the Day
Arthur Cecil Pigou.
If he were still around he could help us take care of our smoking problems. In fact, he would be able to help us with all of society's undesirable activities and associated "side-effects".
Let's internalize those externalities.
If he were still around he could help us take care of our smoking problems. In fact, he would be able to help us with all of society's undesirable activities and associated "side-effects".
Let's internalize those externalities.
