Re: Externalities

From: Keith Elis (hagbard@ix.netcom.com)
Date: Tue Dec 23 1997 - 00:12:05 MST


Anton Sherwood wrote:

> Eh? Where did Lorrey invoke *external* benefits?

When he invoked a benefit not received by the firearm producer. There
are myriad resource costs in producing a firearm. There is one benefit
-- the firearm itself. Any remote benefit not balanced against costs in
the decision to manufacture is external. Self-defense falls into this
category.

Keith



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