[ExI] External costs (was Re: are all cultures equivalent?)

Rafal Smigrodzki rafal.smigrodzki at gmail.com
Sat Apr 18 15:34:03 UTC 2009


On Sat, Apr 18, 2009 at 11:03 AM, Brent Neal <brentn at freeshell.org> wrote:
>
> On 18 Apr, 2009, at 1:20, Rafal Smigrodzki wrote:
>>
>>  It can be dealt with by
>> describing the property rights relevant to the stream, and letting
>> involved parties hammer out deals.
>
> Which is, in a real sense, what the Clean Water Act does.
>
### Not really. You can't call other users of your lake and agree to
start dumping garbage - the EPA goons will prevent you from doing that
no matter what owners of the lake want. Regulation preempts trade.

Rafal



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