Birdwatch Note Rating
2024-03-14 16:30:44 UTC - HELPFUL
Rated by Participant: D207747AB9B395412B923F6A1BFF842996C21A954F7FDCA1C81443624696F28D
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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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