Think Like An Economist

S E16: Externalities - The Full Cost of the Choices we make

Nov 3, 2020

16:15

Highlights

AI Chapters

Episode notes

The Importance of Externalities in the Environment

02:25

Mask Wearing

03:01

Carbon Taxes Are a Good Way to Reduce Carbon Pollution

02:29

Introduction

2min

The Importance of Externalities in the Environment

2min

Why You Shouldn't Wear a Mask

2min

Mask Wearing

3min

The Problem With Negative Externalities

2min

How to Deal With Negative Externalities

2min

Carbon Taxes Are a Good Way to Reduce Carbon Pollution

2min

ExteAnalysis

2min

What happens when others benefit from your choices, like your decision whether or not to wear a mask? Or when your choices hurt others, like smoking? Economists Betsey Stevenson and Justin Wolfers delve into the world of externalities and explore how policy makers can help ensure effects on others are taken into account.

Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.