Summary: Ever feel as if you are paying the price for someone else's "deal"? Perhaps you are choking on the pollution from a foundry where cheap widgets are made. That spillover affect is called an externality. There are positive ones, too.
Summary: Ever feel as if you are paying the price for someone else's "deal"? Perhaps you are choking on the pollution from a foundry where cheap widgets are made. That spillover affect is called an externality. There are positive ones, too.