Monday, May 29, 2006
Wondering
Does the existence of an externality, legitimize governmental intervention? Additionally, how do we measure externalities? What is an appropriate amount of externalized costs and benefits, deeming a tax or subsidy?
Where do the actual policy economists stand on this issue? Does anyone actually know?
Is there a particular time or a particular good/service that you think is inappropriate to subsidize, even if there were significant positive externalities?
It would be interesting to see what some people say.
Where do the actual policy economists stand on this issue? Does anyone actually know?
Is there a particular time or a particular good/service that you think is inappropriate to subsidize, even if there were significant positive externalities?
It would be interesting to see what some people say.
