Tag Archives: public bad

Mitigable Public Bads

The economic theory of public goods is sometimes assumed to be adaptable in a straightforward manner to public bads.  Here I consider some implications of the fact that such bads are usually mitigable. Consider a region around an airport, subjected … Continue reading

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The Economics of Urban Rainwater

Lack of natural drainage in urban environments can lead to flooding and pollution.   Economics can help find appropriate solutions. There is a furore in Maryland, USA, where many residents will soon have to pay a “stormwater management fee” based on … Continue reading

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