Hacker News new | ask | show | jobs
by WalterBright 1722 days ago
My posts here often talk about "internalizing the externalities" by putting taxes on externalities like pollution. The tax rate would be higher the more dangerous they are.

Free markets do not imply being free to hurt others or destroy others' property. A proper function of government is to protect people and property.

For example, I would not ban gasoline. I would tax the carbon content of fuels to reflect their true cost to the environment.