Epidemics, economics and externalities | The Japan Times

By KESLS RAM -
Epidemics, economics and externalities | The Japan Times

In his book "The Future of Law and Economics," Calabresi explores a new approach that incorporates externalities into consumption. In particular, he argues that a legal system which reflects people's compassion toward one another may help to create a more equitable society.

https://www.japantimes.co.jp/opinion/2020/08/28/commentary/world-commentary/epidemics-economics-externalities/
https://www.japantimes.co.jp/opinion/2020/08/28/commentary/world-commentary/epidemics-economics-externalities/?utm_source=piano&utm_medium=email&utm_campaign=72&pnespid=McI6l1ytLjUAUk83qFsr8NtUJI315iBSUc0o#.X0rEcCWxiEc

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