The negative externality of Uber cars becoming more productive is taxi drivers seeing the value of their licenses drop by as much as 30 percent in New York, for example.
But John Maynard Keynes pointed out that surpluses lead to weak global aggregate demand-countries running surpluses exert a"negative externality" on trading partners.
Although the amount of energy mining operations consume does not go unnoticed, some individuals believe that the benefits of mining- network security-outweigh the negative externalities like electricity consumption.
Expansionary monetary policy, for example, tends to lead to lower interest rates in the country pursuing it, leading to capital outflows, worsening the saving investment imbalance of the trading partner andthus creating a negative externality.
So like many other people,I see the“end game” of policy as simply correcting a negative externality, eliminating the price distortion that it created, then relying upon the combined efforts of both governments and market actors to find a technological solution to the problem.
この”負の外部性”の典型例が、環境汚染です。
A typical example of negative externality is pollution.
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