Glyph on Nostr: Furthermore, by the time you're talking about an externality, *the regulatory ...
Furthermore, by the time you're talking about an externality, *the regulatory apparatus has already failed*. If you do something good and get rewarded for it to an appropriate degree, you don't have a positive externality! You just have a good product and/or service that you are exchanging for currency. Yay, commerce. Similarly for negative externalities. Once you have a negative externality, that means the regulator has *failed* to punish a harmful behavior.
Published at
2024-09-18 15:47:05Event JSON
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