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Re: PEN-L Digest - 1 Jun 2007 to 2 Jun 2007 (#2007-156)

On Monday, June 4, 2007 at 15:48:19 (-0400) Walt Byars writes:
>Yeah, but his argument is that there will be externalities will
>progressively become more and more common over time. I imagine they go
>into more depth in Quiet Revolution in Welfare Economics but if I tried to
>read that book at this point it would be very arduous.

I think you mean "goods with externalities will progressively become
more and more common over time", not that externalities themselves
will.

I don't think his original presentation of the argument is arduous
in the least.  It's pretty short if I remember correctly.


Bill
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