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externalities
Re: Markets internalizing externalities
Mises specifically refers to externalities. I have a post up on his thoughts and another post with links to other Austrians on environmental matters at my blog. The key point is that every externality is an opportunity and not a zero-sum game. Both sides win if information and transaction costs are reduced...
Posted to
Economics Questions
(Forum)
by
TokyoTom
on Sat, Oct 13 2007
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