RSSAll Entries Tagged With: "Tragedy of the Commons"

The Value of Nothing - Raj Patel

The Value of Nothing – Raj Patel

Having obtained degrees from Oxford, the London School of Economics, and Cornell University, Raj Patel explores the fundamental dilemma of market-based economies. Because prices do not accurately reflect the value of commodities due to their extensive externalities (Patel explains that a more appropriate price for an average hamburger would be $200 if these externalities were […]