The issue with your assessment is that everyone includes the individuals.
The externalities associated with driving are probably -1 utility points for me whereas driving is +20 or even more.
I think that basically what you are saying only makes sense if society includes a bunch of people who do not benefit, when in reality that’s usually a fairly small group (e.g. in the US or UK the small number of homeless).
The externalities associated with driving are probably -1 utility points for me whereas driving is +20 or even more.
I think that basically what you are saying only makes sense if society includes a bunch of people who do not benefit, when in reality that’s usually a fairly small group (e.g. in the US or UK the small number of homeless).