Skip to content
Better HN
Top
Best
Ask
Show
New
Jobs
Search
⌘K
0 points
baryphonic
6y ago
0 comments
Save
Share
What externalities?
0 comments
5 comments · 1 top-level
top
newest
oldest
yladiz
6y ago
· 4 in thread
One example is a pandemic.
logicchains
6y ago
The point is that capping the price of e.g. masks means _fewer masks_ are produced, which is worse for stopping the pandemic.
kharms
6y ago
Price gouging laws typically apply at the consumer point of sale, I'm not sure they prevent a higher price from factory to store.
1 more reply
dabbledash
6y ago
How is that an externality?
baryphonic
OP
6y ago
I am intimately aware of exactly what constitutes an externality. I fail to see how this situation (two parties agreeing to a high price for a consumption good) has impacts on third parties.
I'm not sure how "pandemic" applies, either.
j
/
k
navigate · click thread line to collapse
