Group items tagged

This article argues that consumption of fast foods and other unhealthy foods is harmful to the society in general, providing reasons why it is a negative externality.

Negative externalities are when there are negative affects of something on another. Basically the thing being done comes with a cost. In this case eating hamburgers from bad chains.

The Saarc Summit is fast approaching and Nepal is engaged in last-minute preparations, though even the government seems unsure if the Summit will make any substantial achievement in regional integration. In fact, there is much greater excitement about Indian Prime Minister Narendra Modi's visit to Nepal than the Summit itself.

This article talks about the effect that Pollution is having on people in China. The article states that you often see people wearing mask and playing sport indoor because of the pollution. This is article is a good example of negative externalities as it highlights the effect that pollutive production has on third parties in China.

This is explain the negative effects of wind turbines and how people who find them annoying may complain about their health also. Wind turbines can be a good example of negative externality because people who see them may be unhappy, people who pay for them may be unhappy and the only people who are better off are those who do not pay for their power and sell it on.

This Article talks about the governments responsibility towards the markets, they should not just fix the markets and the problems with the markets such as negative externalities, but they should create new markets.

Namely, this article discerns the idea of whether the authorities should allow the cigarette sales on campus or not. In this article, it is clearly stated that banning the cigarette sales lessen the negative externalities brought with the use of tobacco products.

After a law was introduced by the government banning smoking in public enclosed places, scientists have noticed a large decrease of child asthma cases; in the first year, the number of admissions in hospital with this case decreased by 12.3%. This shows that before the ban, smoking was causing a negative externality, which was child asthma. This therefore meant the government needed to intervene, by creating the smoking ban on public places.

The article discusses the fact that the now dominant capitalist economic system has contributed to the breaching of several ecological boundaries, in relation to climate change, biodiversity loss and nutrient enrichment. These contributed to the dead corals and rising seas. This global change can bring big costs for, among other things, tourism and infrastructure. Thus, the negative externalities are basically the public costs that come from the pursuit of private profit, representing massive risks leading to all recent recessions arising from the mis-allocation of risks.

There was a sharp fall in the number of children admitted to hospital with severe asthma after smoke-free legislation was introduced in England, say researchers. A study showed a 12% drop in the first year after the law to stop smoking in enclosed public places came into force. This article basically shows that the ban on smoking has reduced the negative externalities of consumption that are generated by smoking.

In this article, the author discusses the issue of smoking in public places. The article prods us to smoke in private places rather than smoking in public places. The author suggests that public smoking is a negative externality because it has a subversive effect on all the individuals who don't smoke.

This articles explains the negative externalities of lower petrol prices, which may include up to 10, 000 more deaths due to car accidents. India's retail petrol prices have fallen by around 12% since June 2014, and as people are going to drive more, the number of people exposed to to traffic risks is higher.

Heathrow's expansion in order to accommodate for more travelers has been met with growing concerns for the noise. People living near the airport have complained about the added noise. The third party negatively affected by the expansion are the locals and neighbours of the airport.

In his article, Roberto De Vogli, discusses how obesity is a kind of market failure. Aapart from the comon view that obesity is "an effect of specific individual and lifestyle choices," Roberto De Voglie argues that "the problem is largely a byproduct of deeper political and economic changes in society.". Apart from discussing the reasons for this failure, he propeses a solutions. He says an ulta-processed food tax" must be introduced on fast foods and the revenue coming from this tax must be used as a subsidy fruits, vegetables and healhty foods.

This article talk about how human impact on our oceans could lead to several extinction in the sea. Unsustainable fishing being a big contributor. This is a prime of example of Garrett Hardin idea of the Tragedy of the common as humans human as using up these shared resources for a private benefit, but they are not necessarily thinking about the future of these common resources. And supporting Garrett Hardin thoughts, we must find a way to determine which institutions are best to protect use resources.