6. What's Wrong with This Way of Thinking? Corporations are the major beneficiaries of our lax pollution

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6. What's Wrong with This Way of Thinking?

"Corporations are the major beneficiaries of our lax pollution control policy. Their costs are reduced because we permit them free use of valuable resources-clean water and air-in order to produce goods. These lower costs are simply added to the profits of the polluting firms."

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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