On 10/20/05, Frantisek <[EMAIL PROTECTED]> wrote: > <snip> > Free market must consider externalities, and in many cases, it > doesn't. If it did, the price of fuel would be several times higher at > Shell pumps when Shell was killing dissidents in Nigeria. Was it? <snip>
very few mainstream economists consider negative externalities. if they did, most of our wealthiest and most powerful corporations would never be able to turn a profit. -frank -- "Sharpness is a bourgeois concept." -Henri Cartier-Bresson