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JD Champagne's avatar

> So the next time [...] the Senate fails to pass something big, remember that sometimes slow and frustrating is exactly the point

Indeed. Feature, not bug. As I often must remind people lamenting congressional gridlock.

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Greg's avatar

Jadrian, did you use the terms "internal costs" and "external costs" purposefully? Is that where externalities come from?

As in, "one person gets to decide, and everyone else has to live with it." One company finds it easiest/cheapest to dump chemicals into the river, but everyone downstream has to live with it (pay the price for it).

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