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Anthony E

Negative externalities - 4 views

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    This article mentions what exactly is negative externalities and makes reference to real life examples.
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    Actually this article exactly reflects my opinions about improving technology and its causes.I believe that negative externalities mostly occur because of fast and destructive innovations.. New technologies effects people and they tend to buy all new products as if it is a rule.Eveything changes so fast and we don't realize the harm we cause to the environment and us in that rush.
Tekten D

"negative externality" - 2 views

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    This article mentions about the negative externalities of junk food such as Junk foods' unhealty effects on body.
Talu O

Obama's big environmental move: Power plants to cut carbon pollution - 1 views

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    This article is about a legislative act of American government upon carbon emissions of firms- which is a government intervention towards a negative externality of production.
Howard E

It's time: Snuff out public smoking - 1 views

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    This article discusses the negative externalities of smoking; or it's ability to inflict negative effects on others.
Emran Y

The Externalities of Hamburgers - 3 views

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    Mark Bittman has a piece in the New York Times where he analyzes the "true cost" of hamburgers. There are some things right with the piece and some things wrong. In general, thinking about the costs of meat consumption is important, and casting the discussion in economic rather than moral [...]
Zachary C

week 12 - 0 views

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    this article is talking about how climate change is the ultimate negative externality cost. as we will have to soon pay billions to keep climate change from getting too out of hand. and even if alot of people arnt the cause of the downfall of our climate, we will still have to pay the damge.
Clelia K

Why South America\'s slowdown will worsen deforestation - 2 views

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    A commodity boom has helped pull millions out of poverty across South America over the past decade. It has also unleashed a new scramble for oil, minerals and cropland that is accelerating deforestation and fueling a new wave of land conflicts from Colombia to Chile. The land and the forests are poorly regulated and protected leading to illegal plundering of resources which end up deteriorating and damaging the environment. This article is also a good example of negative externality of consumption and how demand can indirectly increase the damage inflicted on the environment. Since the amazon rainforest is only protected in some places and not in others (and the protected places are still open to the public), it is a common resource that is constantly being violated and reduced.
Kim D

The Apple Watch Will Make Everyone Around You Just a Little Worse Off - 5 views

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    This article shows how apple watches makes the third party, IE the people around you the targets of negative externality as the product is rather annoying.
Clelia K

Low Oil Prices Are History's Greatest Case of Market Failure - 1 views

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    Oil prices are based on the supply and demand of it and not on its costs on the environment. "They price oil and gas based on current demand and supply, and not based on the costs to the planet in pollution, global climate change, sea level rise, and more."
Iqtyider W

Seven challenges facing responsible African business - 0 views

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    To address the huge needs of African populations, companies must seek wealth creation and, along the way, create jobs, generate tax revenue and distribute purchasing power. If profit is essential to effective contribution of the common good, we need to agree on what kind of profit we are talking about. Summarising the history of capitalism with a broad brush, we can say that 1.0 version is characterised by the pursuit of wild profit, with no care for law nor morality. Capitalism 2.0 pursues legal profit and the 3.0 version emphasises legitimate profit.
Sivakriskul V

Could Closing the High Seas to Fishing Save Migratory Fish? - 2 views

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    Because the High Seas operates as an unregulated global commons, its wild fishes population are in precipitous decline. Since they are accessible by any nations, where any nation can take as much as they want. Having no catch limits in the High Seas, migratory fishes are being overfished and their population are expected to continue to decline. However, researchers found out that closing the high seas could double the populations of the important fishes species.
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    This is also article also highlights the point similar to my article since that people thought that they could take as must fish as they watned out of the ocean since they thought that the negative externalities is shared by everyone while the profit was not.
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