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Externalities, Population and Climate

daviddfriedman.substack.com · 4,150 words · saved by 1 readers

my first post

Externalities, Population and Climate my first post David Friedman Jan 28, 2023 79 47 6 Share All societies face the coordination problem: In order to do anything complicated you have to somehow get millions of people to coordinate their activities. To make automobiles you need steel. To make steel, you need iron and carbon. To make iron you need iron ore and coal. There are two solutions and one of them doesn't work. The one that doesn't work is the obvious one, centralized coordination, somebody at the top telling everyone else what to do. That might work for a very small group of people, a

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