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On Externalities and Libertarianism

On Externalities and Libertarianism

I’ve often wanted to write something about externalities, but I’ve never gotten the time. Specifically, I’m interested in how these relate to regulations and in turn to economic freedom.

I lean libertarian, and many peopleĀ  who know that are surprised that I’m not always opposed to environmental regulations. Why is that?

Well, Ed Brayton has written an excellent summary, and all I can say is I couldn’t agree more.

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