Posts Tagged ‘social cost’

  • Negative Externality Church Bells

    Church Bell Economics

    Dec 27, 13 • 570 Views • No Comments

    Irritated that church bells had been awakening them before 7 a.m., in 1879 a group of New Yorkers complained to the city Board of Health. They said the chimes violated Section 177 of the Sanitary Code and  endangered their health. Fast forward to 2013. A...  [read more]

  • Palm

    Disaster Economics: Neighbors and Utility Companies

    Jan 3, 13 • 254 Views • No Comments

    Still dealing with the impact of Hurricane Sandy, I keep pondering the cost of preparing for the next storm. Personally, it has been worth purchasing a generator. But, what to do about my neighbor? Located a half mile from my home, he has many beautiful old...  [read more]

  • 16386_3.14_000009455162XSmall

    The Real Cost of a Car

    May 23, 11 • 209 Views • No Comments

    To see how much a car costs, just add up the purchase price, insurance, gas and a yearly service. Yes? According to one group of researchers, a car that is driven 100,000 miles costs $19,000 more than you might think. The $19,000 relates to external costs....  [read more]