A history of the concept of externalities – by Donald J. Boudreaux and Roger Meiners
Background: This summary by José Luis Gómez-Barroso Donald J. Boudreaux and Roger Meiners’s 2019 work This is part of my ongoing study of the concept of externalities. My annotations in blue. Source: https://www.jstor.org/stable/10.2307/26617802 ORIGINS AND DEVELOPMENT OF EXTERNALITY: MARSHALL AND PIGOU The earliest developers of the concepts of external economies and diseconomies were Alfred Marshall, a […]
Source: https://www.sabhlokcity.com/2023/10/a-history-of-the-concept-of-externalities-by-donald-j-boudreaux-and-roger-meiners/
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