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Political Discussion
Reply to "Obama downsizing/streamling governnent"
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[quote=Anonymous]"Even the most conservative economists in the world, including Milton Friedman himself, understand that pollution is an externality, and it must be regulated. " yes, the EPA plays an important role since otherwise the businesses would pollute and get to enjoy the lower cost from doing so while all the rest of us pay the costs in terms of lower health and clean-up costs. That said, I think some of the nutty decisions related to the Endangered Species Act are what get a lot of focus re: EPA actions and seem out of touch to most people. [/quote]
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