August, 2020

Externality

The Biggest Straw Man of Our Time
  • Donald J. Boudreaux

    Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
  • Roger Meiners

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In honor of Yandle’s 85th birthday in 2018, a gathering of colleagues and students convened to reflect on and honor his productive career and to advance research inspired by his work. This Festschrift, edited by Donald J. Boudreaux and Roger Meiners, includes original essays and reflections, drafted for and discussed at the 2018 symposium, that pay tribute to Yandle, a scholar of unusual ability as a teacher and researcher. The volume concludes with an essay by Yandle himself, looking back on his career and the state of economics and policy making today and issuing a call to action for the next generation of scholars and teachers in political economy. 

This chapter, by Donald J. Boudreaux and Roger Meiners addresses the topic of externalities.