Lightfiend
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- Jun 17, 2009
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Taxes: A Negative Externality? by Steven Handel, LibertarianMinds.com
One of the most commonly argued disadvantages of uninhibited private property and free markets is that they result in too many negative externalities. In this post, I hope to make the point that state intervention imposes just as many of these negative externalities as free trade, and by no means are these economic phenomena particular to so-called market failures.
One of the most commonly argued disadvantages of uninhibited private property and free markets is that they result in too many negative externalities. In this post, I hope to make the point that state intervention imposes just as many of these negative externalities as free trade, and by no means are these economic phenomena particular to so-called market failures.