Let’s say you’re the dean of a law school on the East Coast with just four years as dean under your belt. As your accomplishments, you can list the following: Increasing the school’s US News Ranking from 170 to 117 Higher bar passage than when hired A new building almost completed Securing a donor willing […]
Archives for August 1, 2011
Negative externalities add up.
August 1, 2011 by
No one faces the choice, “Drive a lot less, or get lung cancer,” or “Rethink your economic views, or spiral down to poverty.” In both driving and democracy, negative externalities irrelevant to individual behavior add up to a large collective misfortune.
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