economists ... dismiss any symptom of unsustainable practices with words like "externality" Categorizing something as an externality is not a dismissal, but an admission that the item in question cannot be adequately described or measured within a particular model. Regardless of what economists endorse or dismiss, politicians always have the option of taking action to address a known problem. If a problem is being ignored, blame the politicians, not the economists.
Credits & Style Info
Talk Politics. A place to discuss politics without egomaniacal mods
![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
(no subject)
Date: 8/9/13 21:47 (UTC)Categorizing something as an externality is not a dismissal, but an admission that the item in question cannot be adequately described or measured within a particular model. Regardless of what economists endorse or dismiss, politicians always have the option of taking action to address a known problem. If a problem is being ignored, blame the politicians, not the economists.