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Negative Externalities and the Coase Theorem, Explained

329,960 views

Learn Liberty

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

96%
  • 4:23 / 4:32

Speech Rate:

  • 172 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

parties

/ˈpärdē/

noun other verb

social gathering. One sides in a legal action or conflict. To attend, meet, gather at an event to have fun.

categories

/ˈkadəˌɡôrē/

noun other

class or division of people or things regarded as having particular shared characteristics. Groups of things that are similar in some way.

suggested

/sə(ɡ)ˈjest/

verb

To mention something that could be done; propose.

fertilizer

/ˈfərdlˌīzər/

noun

chemical or natural substance added to soil or land to increase its fertility.

growing

/ˈɡrōiNG/

adjective noun verb

undergoing natural development by increasing in size and changing physically. Act of cultivating plants for food. To improve; to develop better skills over time.

benefit

/ˈbenəfit/

noun verb

Good result or effect, something advantageous. To have a good effect or be helpful.

negative

/ˈneɡədiv/

adjective exclamation noun verb

Focusing on the bad aspects; pessimistic. no. Image on camera film used to make a photo. refuse to accept.

exchange

/iksˈCHānj/

noun verb

Act of returning something to a store. To share (a look, a few words etc.).

externalities

/ˌekstərˈnalədē/

noun other

consequence of industrial or commercial activity which affects other parties without this being reflected in market prices. Quality or state of being outside or exterior.

producing
verb

To grow something naturally.

private

/ˈprīvit/

adjective noun

Being away from others and quiet. lowest rank in army.

production

/prəˈdəkSH(ə)n/

noun

Process of making a movie or TV show.

oftentimes

/ˈôf(t)ənˌtīmz/

adverb

frequently.

property

/ˈpräpərdē/

noun

Particular quality that someone or something has.

spillovers

/ˈspilˌōvər/

noun other

instance of overflowing or spreading into another area. Acts or instances of spilling over.

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