Need Initial Post of 300 words and two replies of 100 words. I will attached the replies later when it is available.
The discussion this week focuses on externalities. Read the following articles and answer the questions.
Read this article about coal http://www.theatlantic.com/business/archive/2015/08/coals-externalities-medical-air-quality-financial-environmental/401075/ (Links to an external site.) (for the Discussion Assignment)
Read this article about “Cap and Trade” environmental policy http://www.nytimes.com/2014/05/30/science/a-price-tag-on-carbon-as-a-climate-rescue-plan.html (Links to an external site.) (for the Discussion Assignment)
Read this article about hamburgers http://mobile.nytimes.com/2014/07/16/opinion/the-true-cost-of-a-burger.html?mabReward=RI%3A7&action=click&pgtype=Homepage®ion=CColumn&module=Recommendation&src=rechp&WT.nav=RecEngine&_r=1&referrer (Links to an external site.)= and this follow-up article https://www.forbes.com/sites/modeledbehavior/2014/07/20/the-externalities-of-hamburgers/#321b2ee76c28 (Links to an external site.) (Links to an external site.) (for the Discussion Assignment)
Read this article about child care http://www.startribune.com/day-care-squeeze-is-hitting-minnesota-rural-families-hard/272439181/ (Links to an external site.) and this follow-up article http://www.startribune.com/the-positive-externalities-of-child-care-and-market-failure/272590051/ (Links to an external site.) (for the Discussion Assignment)
For this discussion assignment, you will be analyzing externalities and market failures. Please answer the following questions for your initial response to this week’s discussion assignment:
Name three examples of a negative externality. How do negative externalities directly and indirectly affect your life?
Name three examples of a positive externality. How do positive externalities directly and indirectly affect your life?
What are the main things you learned and also your thoughts on the articles about coal? How does this relate to externalities and market failure?
What are the main things you learned and also your thoughts on the articles about “Cap and Trade”? How does this relate to externalities and market failure? Do you think this system is a good idea to help the environment? Explain.
What are the main things you learned and also your thoughts on the articles about hamburgers? How does this relate to externalities and market failure?
What are the main things you learned and also your thoughts on the articles about child care? How does this relate to externalities and market failure?
If you were appointed as the new U.S. Czar of Externalities, how would you address the negative externalities like pollution and unhealthy food in the United States right now, over the next 3-5 years, and over the next 10+ years? How would you address the positive externalities like child care and education in the United States right now, over the next 3-5 years, and over the next 10+ years? Explain your answers.