Re: Externalities

Keith Elis (hagbard@ix.netcom.com)
Tue, 23 Dec 1997 02:12:05 -0500


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