Taking Care of Non-Economic “Goods”
From: A Sent: Tuesday, September 11, 2018 11:14 AM To: Walter Block <wblock@loyno.edu> Subject: Re: Dear Dr. Block, I found this point in the book summary interesting: “…This gives rise to the tragedy of the commons: when something is unowned, people have less of an incentive to care for it, preserve it, and protect it… Would this mean that if a good is noneconomic, it isn’t possible for there to be incentive to take care of it? If this is the rule, are there any exceptions? Dear A: If something is non-economic, non-scarce, it isn’t a good. Butterflies, dirt, air, … Continue reading Taking Care of Non-Economic “Goods”
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