ECN201
Exam 3 Extra Credit
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Pollution
is described as an externality, a concept I believe needs to be mastered by anyone
serious about understanding the nature of the problem and thinking about public
policies. So what is an externality, what are some additional examples of
externalities at work, why is it an important concept, and what does it suggest
we do to address climate change, and why would some suggest that “green is the
new red? To get you started on this you should read “The Externalizing
Machine,” (Sakai Online Readings) a chapter from the book The
Corporation that you can find on the Schedule page.