Pollution is a negative externality that the government attempts to correct by using a variety of means.
Public education is a positive externality that the government attempts to correct by using a variety of means.
Based on our reading for the week address these externality issues.
Please respond to all of the following prompts:
- What is the best way to deal with pollution and / or global warming (climate change)? Why?
•What is the best solution to the problems in education that exist today in the United States? Justify your answer using economic analysis.