From: Ben To: Walter Block <[email protected]> Subject: Re: Thoughts on the invisible hand Dear Walter, Thanks very much. I accept your criticism re “tautological,” and your corrective, “necessarily.” Even without getting into Kant, I can see your point clearly. On externalities, at some point I hope to make time and really dig into some of the references you sent. I fully agree with the idea that purported negative externalities do not necessarily mean government intervention will provide any kind of corrective; the notion that “if negative externality ergo benefit from government intervention” seems disastrously wrong. But to say this does … Continue reading The Synthetic Apriori, Market Failure, External Diseconomies, Part 2