Chapter 3

7)
After reading this chapter I have learned to think about the consequences that would affect others, before making a decision. Wheelan used several examples of negative externalities and how their effects on others outweigh their price most of the time. Wheelan also made me realize that little things (such as starting my car) can affect others. When I start my car at 7 in the morning I am more worried about being on time to zero hour rather than thinking about how this action may affect others. (Wheelan uses this exact example). When we buy something new we so often think about how it is going to change our lives (usually for the better), and not how it could change someone else's (usually for the worse).