Employers pay well-dressed people more money and in general beautiful people get all sorts of advantages. Do you think that isn’t enough of a subsidy?
If there is a net positive externality, then even large private benefits aren’t enough. That’s the whole point of the externality concept.
Employers pay well-dressed people more money and in general beautiful people get all sorts of advantages. Do you think that isn’t enough of a subsidy?
If there is a net positive externality, then even large private benefits aren’t enough. That’s the whole point of the externality concept.