"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" mises, tragedy of commons - TT`s Lost in Tokyo

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Mises on fixing externalities by TokyoTom

"Not all externalities are crimes, and as long as CO2 does not make clear victims, it should be left as an externality for people to adapt to ...." In response to this statement on a recent thread ( http://blog.mises.org/archives/007152.asp#comments...

Too Many or Too Few People? Does the market provide an answer? by TokyoTom

Dan McLaughlin asks the first of these interesting questions on the Mises blog, http://mises.org/story/2718 . The second question is mine, and I addressed it briefly in the blog responses to Dan. I take the liberty of posting that response here, revised...