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To permit government to deal with externality problems

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January 2nd, 2018

One view is that life is one big externality. Just about everything that someone does affects someone else either positively or negatively. To permit government to deal with externality problems is to permit government to tamper with everything in life. No clear line divides externalities government should become involved in and those it should not. Do you support this position? Why or why not?

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