Birdwatch Note Rating
2024-03-03 20:00:22 UTC - HELPFUL
Rated by Participant: 511A89207FD58B957417C13FF795CA68FF97C013E17D9B2D38951548D1E1370F
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Original Note:
The claim that there are no market failures in the real world is misleading. An example of market failure recognised by all sides of academia is environmental externalities, ie costs/benefits of economic activities that are not reflected in the prices of goods or services. https://academiccommons.columbia.edu/doi/10.7916/D864008V/download
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