Comment Comment by hackerlight > It implies that the alternatives aren't good enough.That's only true in the absence of any market failure, but in this case we have mispriced negative externalities.EDIT: Changed "unpriced" to "mispriced", since gas taxes exist as pointed out below. parent hackerlight 2 years ago
That's only true in the absence of any market failure, but in this case we have mispriced negative externalities.
EDIT: Changed "unpriced" to "mispriced", since gas taxes exist as pointed out below.