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December 9, 2010 5:59 am at 5:59 am
#877481
charliehall
Participant
“we usually do it for a reason. Like saving money. “
Economists have a term for that: Externalities. That is a cost to society that is not captured in the market. If you can destroy property (private or common) yet not have to pay for it, you have gained an unfair economic advantage. It really isn’t a savings.