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Lecture

External Costs & Public Goods
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Department
Philosophy
Course
PHIL 2380
Professor
Deirdre Kelly
Semester
Winter

Description
PHIL 2380 Mar 13 2014 ­How to write a philosophy paper:  http://homes.chass.utoronto.ca/~sousa/teach/PHADVICE.PAP.html External Costs and Public Goods ­“Air pollution damages the health of Canadians, which imposes significant financial,  economic, and social costs on the Canadian economy and people.  In terms of increased  health care costs, missed days of work, and reduced worker productivity, air pollution  costs Canadians and the Canadian economy billions of dollars per year.  The full  social costs of air pollution, however, are even higher. The social costs of air pollution  include not only health care costs and lost productivity, but also the loss in social welfare  due to pain, suffering, and death.” Environment Canada, 2013 ­External costs of the Tragedy of the Commons ­Anthropocentric ­We’re harming present and future people ­Zoocentric ­The sheep suffer too ­But the market can only take into account narrow anthropocentrism ­Coase’s Theorem in Practice ­The theorem depends upon low transaction costs and on the issues being well  defined ­Environmental issues don’t easily meet t
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