Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Its about bringing externalaties to account, ie if you cost someone else money be it through particulate pollution, noise pollution, road maintenance, road provision you should pay that. So you can choose, but you must pay the full cost of your decision. If you get this right then everyone will choose optimally and the overall costs will diminish. Gas tax is roughly correlated but not great and a weight tax is better but still not exact.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: