Sunday, April 5, 2015

Positive and Negative Externalities

Find an article relating to the topics from our current unit. 
  • Type the title of the article below with your name next to it.
  • Hyperlink the article's title to the URL where it's located on the web.
  • Include a one paragraph analysis of how the article results to the current topics.
  • (You may not use an artictle that has already been selected by one of your classmates)

64 comments:

  1. Aadithya Srivatsav 6th
    http://www.forbes.com/sites/prishe/2014/10/29/lebron-james-creating-positive-externalities-for-fox-sports-ohio/

    Basketball superstar LeBron James's return to his hometown and former team after his disastrous exit through the Decision has not only increased the Cleveland Cavalier's chances of winning the NBA championship this season, but it also has spawned and revived business throughout the Cleveland area and all of Ohio including the Cavalier's network broadcaster, Fox Sports Ohio. Because of his signing with Cleveland, Fox Sports Ohio reaps all the benefits from him without paying him a single dime for coming back. Instead, they will receive income, like 95% increase in ad revenue and multiple sponsor ships.Although the broadcasting company did pay for the rights to broadcast Cavalier games and coverage, the price they paid for the rights is nowhere near what it's worth now. Fox Sports Ohio is a free rider who enjoys positive externalities of reaping large profits from the Cavalier's resigning of LeBron James and will not have to pay him a single cent for all that they gain from.

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  2. Tiffany Smith
    6th Period

    http://www.j-14.com/posts/one-direction-album-sales-have-gone-up-since-zayn-malik-left-the-group-55348

    Popstar Zyan Malik has made the decision to leave his band One Dirction in pursuit of a solo career in order to make the more mature music that he wants to create. His leaving has created a sadness amongst the millions of fans around the world that are devastated that their favorite group is now missing a key member, but their sadness is boosting One Direction album sales.Their last album Four's sales increased by 51 percent, Midnight Memories increased by 72 percent, Take Me Home increased 95 percent, and Up All Night sales went up by 113 percent. His leaving has brought the band alot more publicity therefore increasing their sales.

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  3. Period 6
    President Obama Calls Preliminary Iran Nuclear Deal ‘Our Best Bet’(Emigdio Escobedo)

    http://www.nytimes.com/2015/04/06/world/middleeast/obama-strongly-defends-iran-nuclear-deal.html?ref=world&_r=0

    President Obama is doing his best to find a solution with Iran, but it is far harder than he thinks, and there will be no real positive externalities, in fact a lot of negative externalities will happen. For example, multiple countries will now have to worry about the threats of Iran if it is allowed to acquire nukes, and the lifted economic sanctions will cause a further drop in oil prices thus hurting the oil economy. So in all, this is a situation best left alone.

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  4. "The True Cost of a Burger" by Mark Bittman
    http://mobile.nytimes.com/2014/07/16/opinion/the-true-cost-of-a-burger.html?mabReward=RI%3A7&action=click&pgtype=Homepage&region=CColumn&module=Recommendation&src=rechp&WT.nav=RecEngine&_r=2&referrer=
    Fast-food burgers have many externalities because of their low costs. First off, it is a major producer of obesity and carbon generation from the cattle that provide the red meat, which has been correlated to high heart care costs, milk for the cheese, and corn that feeds them, which is subsidized majorly by the government. Secondly, the cheap labor costs workers experience or keeping them unskilled in stressful conditions sometimes that can effect their prospects. Other costs include the pollution from factories and pesticides used to make the beef safe by health codes, long-term health effects, influencing people to eat outside of their homes more, and influencing people to mostly eat at fast-food places because their prices are cheaper. If each hamburger were sold to reflect all these negative effects, most of which are just stipulated by correlations and averages without definite costs, the price of a fast food burger would be even more expensive, considering that fast-food places tend to charge above the price of their cent-costing inputs anyways. Even with less incentive to buy those types of burgers, society would still be experiencing externalities that the burger itself has caused by changing societal habits, no matter whether fast-food restaurants were abundant or few.

    Amy Krauhs
    Period 4

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  5. The Externalities of Hamburgers
    Karen George
    4th period
    http://www.forbes.com/sites/modeledbehavior/2014/07/20/the-externalities-of-hamburgers/
    This article explains the externalities of fast food hamburgers. Although it may seem desirable to eat the burger because it tastes good, the burger has externalities that comes with it. Some of these externalities are negative and positive. A positive externality for the seller is the amount of profit gained from the purchase of the burger. However, the burger also has negative externalities such as the high amount of cholesterol from the burger and the fact that red meat is not always healthy.


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  6. Family Guy and the Cure for Cancer
    Jacob Toy
    Period 4

    http://www.illuminatiagenda.com/family-guy-and-the-cure-for-cancer/

    In Seth MacFarlane's comedy tv show, Family Guy, Peter Griffin's business tycoon father-in-law has discovered the cure to cancer. However, Carter Pewterschmidt, the father-in-law, attempts to keep the cure only for himself because it is not profitable to give the cure to society. As a businessman, Pewterschmidt is taking his time in thinking of ways to make a a profit off of society rather than releasing it immediately. While Pewterschmidt lackadaisically develops his marketing technique, many of society's cancer patients are dying, thus a negative externality is formed: death. Certain conspiracists believe that this episode of Family Guy is a hidden truth buried beneath fiction. Are there really people in this world that are not sharing cures and remedies to horrific diseases due to selfishness and a lack of motivation to release it? Possibly not cures, but there is knowledge that could benefit mankind as a whole that only a certain amount of people know, but the handful have no incentive to share the information.

    ReplyDelete
  7. Samantha Chan
    Period 2
    Starbucks Pays for College Tuitions
    http://money.cnn.com/2015/04/06/pf/college/starbucks-college-tuition-arizona-state/index.html?iid=HP_LN
    Starbucks is planning to fully pay for employees’ college tuition to Arizona State University's online program. In doing this, Starbucks will enable all of its employees to gain a full bachelor’s degree. The truth is, almost 70% of employees do not have a bachelor’s degree. This solution poses many positive externalities. Starbucks offers free tuition to employees as long as they work at Starbucks. A positive externality is that these employees will be committed to stay and work for Starbucks in order to continue getting the money they need to complete their bachelor’s degrees, thus, Starbucks will have employees that will stick around rather than quit after a few months.

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  8. Elyssa Buntzel 4th pd

    http://fee.org/freeman/detail/positive-externalities-of-gun-ownership
    Positive Externalities of Gun Ownership
    The article suggests that a positive externality or benefit of gun ownership is that crime would be better kept in check. He suggests that the more gun ownership that there is the less crime would occur in local homes or shops because criminals would think twice about potential shooting incidents. He claims that prisons are full of repeat offenders due to the lack of successful punishment and that gun owners would be able to put the fear into repeat criminals and there would be a decrease in criminals with multiple offenses.

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  11. Alan Pham
    http://www.startribune.com/blogs/272590051.html
    The positive externalities of child care and market failure

    This article states that child care services provide a spill over for the society. As the child is enrolled in child care services, it provides early education to the child. With the early education it will guide them in the right path to follow the rules and pay taxes, which is the positive externality. The author suggests child care goes hand to hand with education and with that both provide a positive externality for the society.

    ReplyDelete
  12. Positive Externality- Jenny Simon
    2nd Period
    http://economics.fundamentalfinance.com/positive-externality.php
    This article basically just talked about what a positive externality is and included some real life problems. It mentioned that a positive externality is a benefit that is enjoyed by a third-party as a result of an economic transaction. Third-parties include any individual, organisation, property owner, or resource that is indirectly affected. While individuals who benefit from positive externalities without paying are considered to be free-riders, it may be in the interests of society to encourage free-riders to consume goods which generate substantial external benefits.

    The example they used: "In order to get consumers to consume more of a good that has a positive externality, a subsidy can be given to them. The subsidy will increase the marginal benefit they receive when they consume the good. The subsidy can be payed for by all those who receive the external benefits" (Taylor 2006).


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  13. Negative Externamlity
    6th Period
    http://economics.fundamentalfinance.com/negative-externality.php

    This articles suggests ways to correct negative externalities. A possible solution as suggested by the article is to tax the producer the amount of negative externality. This will add to the producer's marginal cost and will cause them to reduce output. Another solution is that the offending producer could pay the affected people for permission to produce a certain amount of goods.

    ReplyDelete
  14. Negative Externamlity
    6th Period
    http://www.nydailynews.com/opinion/time-snuff-public-smoking-article-1.1470131

    This article talks about how smoking is bad and also how second hand tobacco is basically a negative externality. Smoking doesn't just affect the person doing it ,but also the people around them. This is a way to get rid of negative externality.

    ReplyDelete
  15. Michelle Dang / 6th Period
    Positive Externality: The Superstar Effect
    http://wps.aw.com/aw_perloff_microcalc_3/235/60178/15405592.cw/content/index.html

    The Superstar Effect explains the positive externalities that popular artists and athletes have on their home town. For example, while Michael Jordan played for the Chicago Bulls, he increased ticket sales for away games as well as local television advertising. This was all because everybody wanted to watch Michael Jordan play! The local advertising got lucky because they did not have to do anything other than air their product during a basketball game to increase their sales.

    ReplyDelete
  16. Justin Adame
    2nd period
    http://www.economist.com/blogs/freeexchange/2007/07/a_positive_externality_of_obes

    There are costs and benefits to being obese. The benefits include being able to eat a lot and not having to exercise. The costs include not only the obvious health risks but also feeling bad about yourself because you have a socially unacceptable body type. A rational person will weigh these costs and benefits when deciding whether to become obese. If something, such as your friends getting fat, reduces a cost of obesity then it well may cause you to become obese. But if you are rational and now switch to being obese you must be better off than before. So your friends’ weight gain has made you happier. To see this consider the situation in the abstract: Suppose you must decide whether to do X. (X could represent choosing to eat a lot.) Initially you reject X . But then a cost of doing X goes down. If you still don’t do X you are made no worse off by the cost reduction. If, however, you switch to X you must now be better off than before (or else you would not have switched) so whatever has reduced the cost of X has increased your happiness.

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  17. Google To Be Investigated By FTC For Deceptive Ads on YouTube Kids
    Amanda Salmon 2nd period
    http://wccftech.com/youtube-kids-investigated-ftc-deceptive-ads-children/

    Google has created a new app called YouTube Kids. This app is suppose to cater to kids in that it provides them with educational and appropriate entertainment videos. When this app was released it became a parent favorite, however, some parents have given up their support of the app due to the negative externalities presented by the commercials. Some companies like McDonalds have created ads on YouTube Kids that imitate news reports in efforts to advertise. This is not okay, because kids do not have the ability to understand the difference in a commercial and an actual program. Thus, companies are taking advantage of YouTube Kids in the attempt to advertise their product.

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  18. Madeline Alcock 6
    Mediterranean Sea 'accumulating zone of plastic debris'
    http://www.bbc.com/news/science-environment-32145976
    This article gives an example of a negative affect that comes with goods that are share with everyone or public goods. Because nobody owns the Mediterranean Sea, nobody cares enough to fix the problem. While many may dislike the trash floating in the sea, nobody has been given the economic incentive to fix the problem.

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  19. Kissa Rizvi
    Period 2

    https://nonprofitquarterly.org/philanthropy/25814-philanthropy-s-misguided-ideas-for-fixing-ghetto-poverty-the-limits-of-free-markets-and-place-based-initiatives.html

    We have taken many of the rights of society for granted, rights that were looked down upon and considered radical for quite some time, such as women’s equality, laws protecting the environment, and civil rights for gays and lesbians. The radical ideas of one generation have become the common sense of the next. Since the 1980s, most discussions within the philanthropic world of the “urban crisis” or of what to do about “ghetto poverty” miss the larger picture of economic inequality and the concentration of income, wealth, and political power.

    Philanthropy's misguided ideas for fixing ghetto poverty.

    ReplyDelete
  20. Evan Young
    2nd Period

    If We Dig Out All Our Fossil Fuels, Here’s How Hot We Can Expect It to Get
    http://www.nytimes.com/2015/04/09/upshot/if-we-dig-out-all-our-fossil-fuels-heres-how-hot-we-can-expect-it-to-get.html?ref=science&abt=0002&abg=1

    Scientists have discovered that the average temperature increase if we use all the world's fossil fuels is 16.2 degrees. This is a very large amount, and world leaders are trying to figure out what to do about this dilemma. The White House has proposed a blueprint to solve the issue of global warming. They want to set the international limit to 3.6 degrees above pre-Industrial Revolution average temperature. Getting nations to agree will be hard, and a conference will be held this December. They must use cost-benefit analysis to see the costs and benefits of reducing the average temperature. Costs include the costs to create and implement more eco-friendly technology as well as the reduction of the oil industry, and benefits include the Greenland ice sheets not melting, less pollution, etc.

    ReplyDelete
  21. Jacqueline Gann
    Period 2

    South Africa's Mphela arrested for drunk driving
    http://news.bbc.co.uk/sport2/hi/football/africa/9439749.stm

    This article is an example of a negative externality because not only were those who were driving while Mphela was drunk driving at a higher risk of an accident or injury, but his actions also reflect negatively on the team. Mphela's cost in getting drunk allowed him to benefit by allowing him to have a good time and celebrate, however, others on the road do not benefit from his actions, nor do his teammates.

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  22. Frankie Smith
    Pd.6

    "What if companies and their buildings actually enhanced ecosystems?" http://www.greenbiz.com/article/what-if-companies-and-buildings-enhanced-ecosystems

    Companies have the capability to increase biodiversity and be overall better for the community. There are projects like Pollinator Pathway that are introducing people to bigger scale issues about the environment and boosting pollinators to enhance pollination. But what about the bigger companies? Can they become more eco-friendly? Yes. This can be done with a new design mentality; use the resources available to you and design buildings so that they are more suitable to the environment around it (like EDS' data center in Wynyard, England). Not only would it be beneficial to the companies (i.e. lower costs on energy), but it is a positive externality/spillover benefit in that it could sequester carbon, build topsoil, enhance pollination, increase biodiversity, and even purify water and air, obviously resulting in decreased pollution.

    ReplyDelete
  23. Felix Chang
    Period 4

    Article title: Yes, Pop-Tart-stuffed doughnut exists
    Article link: http://www.usatoday.com/story/news/nation-now/2015/02/04/pop-tart-stuffed-donut-big-poppa-tart/22848265/

    A pastry shop in California offers poptart stuffed donuts. So what's the problem here? Poptarts and donuts are both arguably one of America's favorite treats, why not combine them? Think about the type of people who would be attracted to this new food item. Usually people who are concerned with their health or calorie intake wouldn't be affected by this product because many of them wouldn't consume either one of those alone. However, on the other end of the extreme, it can cause the already unhealthy and/or obese to indulge themselves in this product. In other words, adverse selection. say this poptart stuffed donut is highly demanded and creates health issues. The spillover cost is the increased medical bills due to the unhealthy diet.

    ReplyDelete
  24. Timothy Krauhs
    Period 6
    A positive externality of obesity
    http://www.economist.com/blogs/freeexchange/2007/07/a_positive_externality_of_obes

    Weight gain to the level of obesity is often seen as a negative externality as in some way harms other. Then as a positive externality that obesity some how benefits others. However if there is possible of you choosing to be obsess doesn't matter if you are made no worse off for eating or not does not mean you will become obsess.

    ReplyDelete
  25. Jocelyn Dang
    4th period

    Immigrants as negative externalities
    http://modeledbehavior.com/2012/01/22/immigrants-as-negative-externalities/

    This article discusses how employers are creating a negative externality towards the public by constantly hiring immigrants. By hiring immigrants, the public is receiving the burdens of taxes, which go to these immigrants, essentially paying their way into the country. Because of this, the public tax payments essentially becomes a subsidy towards immigration. This causes the public to receive a negative externality as a result of employers not internalizing the costs of hiring immigrants, outside of their nornal wages.

    ReplyDelete
  26. Joe Thomas
    Period 4
    Negative externalities on Elm Street
    http://www.andovertownsman.com/opinion/letter-a-case-of-negative-externality-on-elm-street/article_e073ddff-7384-58b7-ab75-6a5134b4a992.html
    A firm is building a senior assisted living center on Elm Street in Andover, Massachusetts. This building will cause many negative externalities to the neighborhood, and the people who built the building will not be paying for those externalities. The neighboring residents of the city will end up paying for all the damages, such as increased car accidents, noise pollution from accidents and additional problems caused by possible flooding in the wetlands.

    ReplyDelete
  27. Gabrielle Chaney
    4th Period
    Negative externalities with Brad Pitt's Make it Right Houses

    http://www.newrepublic.com/article/112620/brad-pitts-make-it-right-houses-drag-new-orleans

    In this article the positive idea of building houses for Katrina victims in New Orleans turned into a negative externality for famous actor, Brad Pitt, who wanted to help the community. He created a foundation that would build new and improved houses in New Orleans with creative designs, however the problem was that no one was buying. The area was deserted with no stores or school system for miles in the Lower 9th Ward. Another problem with this private foundation is that the cost to buy these houses were not worth the effects of an undeveloped neighborhood. The question that lies with this project is will people who relocated pay that much to return or will they decide to stay in there new location? This is the problem the foundation has as they and the city try to attract people into the city.

    ReplyDelete
  28. Twinkle Joseph
    Medicaid and its Positive Externality of Consumption
    http://underembargo.com/2014/10/28/medicaid-and-its-positive-externality-of-consumption/

    In this article, the idea that the better a state’s health care, the healthier and more productive its workforce is shown. There is a positive externality of a more productive workforce in the case of health care. In other words, people with health care are in general healthier and less likely to pass on diseases to others, so people around them are also less likely to become ill. Therefor, the workforce is more productive. This article relates to our topics in class because it discusses positive externalities in society.

    ReplyDelete
  29. Michelle Pacheco
    6th Period
    http://www.bbc.com/news/health-21067532

    This article talks about how the “number of children admitted to hospital with severe asthma” has decreased by 12% in the first year after the ban on smoking in public places. It is also thought that people are opting for smoke – free homes as well, further reducing the negative externalities of consumption that are generated by smoking.

    ReplyDelete
  30. Zoheb Hirani
    4th period ya'll know what's real
    KAREN STOLE MY ARTICLE OMG I HATE YOU KAREN

    https://sophiaheconomics.wordpress.com/2013/02/06/negative-externalities-of-smoking/

    This article talks about how the “number of children admitted to hospital with severe asthma” has decreased by 12% in the first year after the ban on smoking in public places. It is also thought that people are opting for smoke – free homes. When consuming a product, if negative externalities are produced, it will mean that the marginal social benefits are less than the marginal private benefits. The consumers are will not think about the negative effects that the consumption will have on third parties, they will only think about the benefits/costs to them. In the case of smoking, the smokers will not think about the effect of passive smoking on children which can cause asthma, but of the benefits to themselves. The graphs shown were actually pretty darn interesting.

    Alright. Keep it real homies

    ReplyDelete
    Replies
    1. Twas Called Negative Externalities of Smoking

      Delete
  31. Reuben Kuruvila
    Period 4

    "Impact of Overfishing"
    http://www.eschooltoday.com/overfishing/impact-of-overfishing.html

    Fishing seems to be a good industry, especially since there is an abundance of fish in the sea. However, overfishing does exist, and people fail to realize that. In fact, although people are just trying to help the fish industry, they are actually preventing it from expanding by ruining its future. Overfishing is an externality because it causes the market to do well, but it will eventually deplete the fish population. This will in turn affect the food pyramid of the ocean because there will be pieces missing. Hence, overfishing is a problematic externality that most people look over, especially because they think that the fish population will never run out.

    ReplyDelete
  32. Patrick Pecson
    Period 6

    "Boyle Point: Early Recruiting Externalities"
    http://laxmagazine.com/mag/15February/012915_boyle_point_recruiting_reality_check

    Like many other sports, lacrosse recruits players to join their college teams. This can have a negative and positive externality in many ways. One is that scouts will be contacting players before they even get into high school to entice these young athletes into joining their college to play for them. Another is that players will increase their chances of decommiting, meaning that they will commit to one school in the beginning, but then end up switching to another school from unforeseen circumstances, which can also effect their life choices such as committing to say be a pilot, but if a spot on the team opens up, you jump on that opportunity right away. And finally the, "gentleman's agreement", might be invalidated if a player decides to commit to the school early. Again, the mindset may evolve, considering that colleges may have rigorous academic standards the athlete cannot keep up with.

    ReplyDelete
  33. Anthony Colesante
    Period 6
    President Obama Calls Preliminary Iran Nuclear Deal ‘Our Best Bet’(Emigdio Escobedo)

    http://www.nytimes.com/2015/04/06/world/middleeast/obama-strongly-defends-iran-nuclear-deal.html?ref=world&_r=0

    Mr. President is doing his best to find a solution with Iran, but it is far harder than he thinks, and there will be no real positive externalities, in fact a lot of negative externalities will happen. For example, multiple countries will now have to worry about the threats of Iran if it is allowed to acquire nukes, and the lifted economic sanctions will cause a further drop in oil prices thus hurting the oil economy.

    ReplyDelete
  34. Mackenzie Boudreau
    2nd
    It pays to be smart

    http://indianexpress.com/article/opinion/columns/it-pays-to-be-smart/

    This artical discusses the development through the country of India and how certain cities are more economically developed than others. They found that there is in fact a correlation between the development of the city and the relative "smartness" (intelligence rate, for example literacy) of the average person living in that city. This artical continues to go into how these "smart cities" (the cities whose average intelligence is higher than the other cities in India) relay positive exernalities to the other inhabitants who are in lesser educated cities. With this in mind the author of the article is hoping that these positive externalites will help so much that neighboring cities who are less fortuned will eventually industrialize these cities and create economic growth.

    ReplyDelete
  35. Amie Jean- 2nd Period

    The Spillover from Refrigerators in China
    http://www.econlife.com/the-externalities-from-refrigerators/

    The spread of refrigerators in China will create positive and negative externalities that relate to productivity, diet, health and the environment. China is trying to encourage refrigerated warehouse building with subsidies, tax breaks which was a negative externality after domesticated refrigerators arose. The resource changes what they eat, and their impact on the environment. They don’t have to shop for food each day. So now they will have more time for other things. Refrigerators can improve health by minimizing food-borne disease and maximizing variety which is a positive externality because less people will be spreading diseases.. On the down side though, being able to store food at home means you buy more and waste more. The refrigerator has spillovers both positive and negative.

    ReplyDelete
  36. Ronald Propper
    2nd Period

    How Big Business Robs Us With "Externalities"http://www.truth-out.org/opinion/item/15975-how-big-business-robs-us-with-externalities#

    Basically this article talks about all the negative externalities that big businesses are causing on earth. The main one that the article brings up is pollution from really big factories. They inform the readers that we the consumers are paying over millions of dollars, in taxes, to these companies because of the negative externalities that they cause. The article also goes into detail about what an externality is just for those readers who didn't know. The describe it to be a cost born by all of us that was produced by a private entity and then dumped on us.

    ReplyDelete
  37. Cailin O'Connell
    Period 2
    If only there were an alternative to cars

    http://www.economist.com/blogs/freeexchange/2011/03/externalities

    The premise of this article is Mr. Ford's assertion that traffic congestion is a negative externality of economic growth in cities leading to a massive migration of workers from rural and suburban areas to already big and congested cities. The author proposes a solution implemented in Singapore of implementing tolls and keeping toll prices high when needed and lowering them when traffic is too light to decrease congestion occurring by people who do not need to make "an important trip," like a man driving two blocks to get coffee. This would allow ambulances and vehicles who play a vital role in trade to make the necessary trips. While the addition of tolls may be seen as an unneeded burden for such vehicles, it would ultimately decrease fuel costs of timely trips spent sitting in traffic and lost revenues due to time constraints not met.The pool of money generated by these tolls could then be used in order to further technology to further decrease congestion.

    ReplyDelete
  38. Ingrid Curtom
    Period 4

    Who Pays Attention to Calories?
    http://www.theatlantic.com/health/archive/2014/12/who-looks-at-menu-labels/383320/

    This article states that it is unclear whether nutrition labels change peoples’ eating behaviors. Studies have shown that about only 30% of people notice calorie listings in restaurants, and in 2013, McDonalds customers were given papers which informed them on how many calories they should consume per day, but most of the customers ignored this and continued eating above the suggested limit. Also, researchers found that at Starbucks stores that listed calories on their menus, people bought 14 percent fewer calories in food, but not in drinks. More educated people and wealthier people are more likely to care about calories. It’s ironic because these people are the ones who are probably already healthy in the first place. So a lack of nutrition labels is not the reason many Americans are overweight, it is how weight conscious people stay thin. George Loewenstein, an economist, said “the people who most need the information don’t know how to use it.” One positive externality of stricter labeling requirements is that they pressure chain restaurants to offer healthier menu items. For example, Starbucks shifted from whole milk to 2% milk. These labels can benefit all consumers, including the ones who ignore calorie counts.

    ReplyDelete
  39. Wesley Andrade
    Period 2

    What are the negative externalities of fracking?
    http://www.quora.com/What-are-the-negative-externalities-of-fracking

    As for frack, the externalities are mostly related to the activity of fracking (noise, traffic, environmental risk of surface spills, etc) and the consumption of the hydrocarbons themselves (air pollution). It turns out there are other unanticipated externalities as well -- such as dust clouds in neighborhoods near sand mines. The mines dig up sand for the fracking companies, creating a dust that is a hazard for people who happen to live in the area.

    ReplyDelete
  40. Angela San Juan
    2nd Period
    Negative and Positive Externalities of the Gulf Oil Spill
    https://environment.knoji.com/negative-and-positive-externalities-of-the-gulf-oil-spill/
    The general perseption that an oil spill is something to be disdained about could be a biased position as many sectors of society have seen some gains. The gulf oil spill in fact has gained both positive and negative externalities. Massive manpower is required in order to plug the oil leak, generating more cost and expense. The general perception of any oil spill is usually the cost and expense it creates. However, an oil spill does not only generates negative externality it also has some benefits to be gained from such event. Some sectors of society benefited from such catratrophic event usually in terms of employment opportunities and work generated to clean up the oil spills. This kind of event does not just create negative externalities but it also creates opportunity to some other individuals.

    ReplyDelete
  41. Ashley Garcia
    period 2nd
    veganomics
    http://www.ces.uc.pt/myces/UserFiles/encontros/1097_veganomics%20poster.pdf
    in this article it shows us many positive externalities which include no suffering or exploiting of fellow earthlings also decreases of carbon foot prints of humans also increse of water supply since the water can be used of human consumption and not industrialized animal farms.also an increase of food since the grain we grow wont be used for the industrialized animals.the economic externaliities of this would be some what negative but in the end have positive effects for the economy as well

    ReplyDelete
  42. Obama-Castro summit caps thaw in US-Cuba relations

    http://www.bbc.com/news/world-latin-america-32273750

    This article is about the American/Cuban foreign affairs currently going on and recaps the main points made by the Cuban leader and the American president. In the article they both point out that they agree to disagree and that they will work on improving relations. This is a major positive externality for both country's because they will both receive a new trading partner in the upcoming years and also receive many new job opportunities. This will also reduce hostility towards both countries and it will also increase relations with other countries in the latin american area! All of these talks of improving relations are superbly benefical for the latin americans and their economy.

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  43. Ayesha Wahid
    2nd Period

    Externalities in the Health Care Market
    https://www.boundless.com/economics/textbooks/boundless-economics-textbook/health-care-economics-35/introducing-health-care-economics-135/externalities-in-the-health-care-market-534-12631/

    Health care is something that can impact people beyond the person that is receiving and producing the health care. In health care, the critical externality in most systems is the care provided to others. People benefit from others being healthy because it reduces the likelihood of them catching their illness. People benefit from a positive externality of others receiving health care.
    The health care costs are also affected by others choosing to purchase health care. The healthy pay more to the insurance company than they receive in treatment, while the opposite is true for the sick. Insurance fundamentally operates by taking the money from healthy people to pay for the procedures required by sick people.

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  44. Maddy Pye- 6th

    The Externalities of Hamburgers
    http://www.forbes.com/sites/modeledbehavior/2014/07/20/the-externalities-of-hamburgers/

    This article covers the positive and negative externalities of hamburgers. If an individual eats unhealthy food and then sees their medical expenses go up, depending on who pays for their healthcare then this would be considered a negative externality. If a lot of people around you eat a hamburger from a fast food establishment and then become sick, this is considered a positive externallity because you did not have to eat that burger to know that it would make you sick.

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  45. Koby Bay
    2nd period
    The externalities of Clinton running for President
    http://www.bbc.com/news/world-us-canada-32275608

    With Hillary Clinton announcing that she will run for the presidency in 2016, this creates a negative externality for the fellow democrats that had planned on running for office this year too. By announcing that she is running, it creates more competition among democrats ans overall lessens the number of votes each candidate will get since they are split between more people.

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  46. Muizz Soomar
    6th Period

    Negative externalities
    http://www.economist.com/blogs/freeexchange/2009/10/negative_externalities

    Externatlites are all over the world, they are put in place for different things that occur.It fixes problems that occur such as a toll on a highway to avoid congestion on roads. Though it negatively effects the drivers by paying the toll, it also positively helps them by lessening the traffic which in turn decreases the chance of getting into a car crash. Also driving is an externatility that produces negative effects on society which in turn hurts the habitants in this world because of the polution and other effects that driving causes


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  47. Luke Chacko
    6th period

    https://www.boundless.com/economics/textbooks/boundless-economics-textbook/market-failure-externalities-7/externalities-in-depth-58/negative-externalities-222-12313/

    The reason these negative externalities, otherwise known as social costs, occur is that these expenses are generally not included in calculating the costs of production. Production decisions are generally based on financial data and most social costs are not measured that way. For example, when a firm decides to open up a new factory, it will not account for the cost that residents accrue by drinking water from a river the factory polluted. As a result, a product that shouldn't be produced, because the total expenses exceed the return, are made because social costs were not considered. In other words, the costs of production represent individual, or private, marginal costs. The private marginal costs are lower than societal marginal costs, which also capture the true costs of the negative externalities. As a result, producers will overestimate the ideal quantity of the good to produce.

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  48. Martin Nguyen
    4th Period
    The externalities of Coachella
    https://vicalvo.wordpress.com/2014/01/14/the-pros-cons-of-attending-coachella/

    Coacello is a music festival that attracts people from around the world for musical and other artistic entertainment. It is a huge festival that is often broadcast widely on social media sites, which brings me to my point. I have not attend Coacello, but I benefit because I can see the acts on YouTube and stuff. However, it has negative externalities too. The neighboring cows and animals have to put up with a large, noisy congregation of pale, hairless monkeys.

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  49. Jayson Varughese
    4th period

    Letter: A case of negative externality on Elm Street
    http://m.andovertownsman.com/opinion/letter-a-case-of-negative-externality-on-elm-street/article_e073ddff-7384-58b7-ab75-6a5134b4a992.html?mode=jqm

    There is a senior citizen center located on Elm Street which houses more than 200 senior citizens. The issue is that there is increasing pollution, ranging from air to even sound, which end up negatively affecting residents in the area, especially senior citizens. As this pollution increases, more and more people become sick, which means medical bills will skyrocket and people will be living in poor health conditions.

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  50. Gerard Barrientos
    2nd Period

    http://www.huffingtonpost.com/2015/02/03/chinese-pollution-air-quality_n_6600934.html

    The pollution in China has caused increased amounts of trouble for the community. As China's industry becomes more and more industry-related. problems arise, especially when considering the constant smog problems that are present in the area, considering urban cities.

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  51. Amber Alex
    Period 4

    House Republicans Release Balanced Budget Proposal

    http://www.forbes.com/sites/waynecrews/2015/03/17/house-republicans-release-balanced-budget-proposal/
    The House has come out with the their expected spending and proposed budget which includes: Eliminating unnecessary red tape and streamlining regulations.
    Pursuing more cost-effective approaches.
    Ensuring that regulations do not disproportionately disadvantage low-income
    Applying a more open and transparent Unprocess when designing new regulations.
    der the House plan, by 2019 re-enter the $4 trillion federal era we “enjoyed” during the height of downturn and stimulus days. Which will decrease the nation's deficit.

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  52. Reuben Bijy
    2nd Period
    http://www.greenbiz.com/article/what-if-companies-and-buildings-enhanced-ecosystems
    This article talks about how new projects to enhance a certain number of ecosystem services such as sequestering carbon, building topsoil, enhancing pollination, increasing biodiversity or purifying water and air. It also talks about how companies can start making their factories help the environment. This pretty much makes it so that things that used to hurt the environment before now help it.

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  53. chinemerem opara
    6th period
    http://www.startribune.com/blogs/272590051.html
    the article describes child care as a positive externality because it serves an early childhood education function, and early education prepares kids for school, which sets them on a tax-paying, law-abiding path that is good for the economy and society. But that value is long-term and spills over to all of society, not just to the child and her parents. also, child care is like education. It provides massive value that doesn’t show up in the price, which helps explain why there aren’t more options for rural parents. Supply isn’t keeping up with demand, because of market failure.

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  54. Natalia Chudumebi Opara
    6th period
    Can passenger railways curb road-traffic externalities? Empirical evidence
    http://www.voxeu.org/article/can-passenger-railways-curb-road-traffic-externalities-empirical-evidence
    The article discusses about the effect of government subsidising railways with the explicit aim of reducing road-traffic externalities. Better public transport reduces traffic externalities if people use trains rather than cars, and if trains are less polluting than cars. Although, on average, transporting a passenger by public transport generates less pollution than transporting a passenger by car, it is less clear whether additional trains lead to less pollution than the cars they replace. With survey data on the use of different transport modes, we also analyse the household decisions driving our results. We find that an increase in service frequency by 10% reduces car and motorcycle use for commuting to work by 2.7 percentage points and by 2.8 percentage points for leisure trips. Estimates are negative but smaller and imprecise for shopping, weekend trips, and taking children to school. Recent empirical evidence on public-transport improvements confirms expectations of beneficial effects on road safety and environmental quality.

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  55. Olympic Game Negative Externalities Keanu Florence 4th Period

    http://www.transportnexus.com/london-negative-externalities/

    This article describes how in past years , the Olympic games have also provided some negative externalities for the cities that host them. Even though the games do bring a vast amount of tourist and attention to the location some issues do arise. For Example in Atlanta, Georgia , the games helped the cities economy and such it also pointed out flaws in the cities traffic system as well as their security.

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  56. Period 2

    Title: Hundreds protest against pollution from south China coal plant
    http://www.reuters.com/article/2015/04/12/us-china-environment-protest-idUSKBN0N30BK20150412

    In China, pollution from a certain plant has affected citizens to a point where it is damaging to their health. At this plant, there has been a recently approved second phase to be added, which would mean only more smog and pollution for residents who live nearby. Therefore, there has been protests which have necessitated police presence at the site of this plant that doesn't even fully meet air quality standards. The social implications of this second phase contain much public discontent and rioting are just two examples of the negative externalities that have arisen from the discussion and approval of this second phase.

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  57. Siobhan Simmons 4th Period
    NJ cops shoot 9 times, kill black man who had his hands up
    http://rt.com/usa/224903-police-kill-hands-up/

    Two police officers stopped a black man and had their guns drawn. With the suspect had his hands out of the car and was yelling, "let me out", one of the police officers shot him. The police officer fired nine shots and then arrested the driver when he got out of the car. Unfortunately for the police officer, the whole incident was caught on his dash cam and is under review. Even though the media attention is focused on these specific police officers, it give the negative outlook on all police officers. Now all police officers are looked at as people who we should be scared of, especially as a black person, even though they are the ones that should be protecting us.

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  58. 6th Period
    Gambling Externalities: The Positive and Negative
    http://wps.pearsoned.com.au/wps/media/objects/1410/1444420/US_ch24_1ce.html

    The casino revenues allow local residents to pay no property taxes. However, many people have lost their homes from gambling while others have been able to gain money in order to improve their home standards. Gambling has both its negative and positive externalities. Gambling is an addiction for many people, so they keep playing and losing which causes more negative impacts and lead to the negative externalities.

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  59. Grace Cha
    2nd period

    Think gas is too pricey? Think again.
    http://www.washingtonpost.com/wp-dyn/content/article/2010/06/12/AR2010061200167.html

    Although many people would say that the gas price is too expensive, many economists would say that the gas price per gallon is a lot cheaper than it should be. The reason is because externalities which is a cost that's not paid by the person, or people, using the good that creates the cost. Factors such as air pollution, costs instabilities between nations (because of oil trading),and animals affected by oil spill, simply do not have a exact price tag and difficult to calculate into the cost of gasoline.

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  61. Humam Daas
    2nd peirod represent

    The effects of affirmative action policies against discrimination
    http://mappingignorance.org/2013/07/30/the-effects-of-affirmative-action-policies-against-discrimination/

    It is known that we discriminate even in our American labor market here. But why do we do this? The answer is not clear, but economists are on the track to finding them. At the root of this ordeal is Affirmative action, AA for short. Regardless of your opinion that i don't care about on AA, it is an irrefutable claim that there are external ties that come as a part of AA, that is what the economists in the article are trying to discover. We don't know for sure everything that goes down and whether it is good or not but when you look at what AA has done to managerial positions, it added more diversity. But if managerial positions were based on knowledge and skills, less diversity is there. I wonder why.

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  62. Erin Keir
    6th period
    "The Externalities of Hamburgers"
    http://www.forbes.com/sites/modeledbehavior/2014/07/20/the-externalities-of-hamburgers/

    The article states the negative externalities, as well as the positive, of eating a hamburger. The author suggests that the government should place a tax on unhealthy food as to stop people from eating it. It also states that one of the negative externalities to take into account is meat consumption each week. Red meat is supposed to be consumed in limited amounts and fast food restaurants do not always take this into consideration.

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