Lecture 03: Externalities in Theory & Practice

MIT 14.41, Public Finance and Public Policy, Fall 2024 Instructor: Prof. Jonathan Gruber View the complete course: https://ocw.mit.edu/courses/14-41-public-finance-and-public-policy-fall-2024/ YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62KS2YhlASvGBxxL8HgB11p This lecture continues the discussion about externalities, using the topics of climate change and forest fires as examples. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.