3

People :

Author : Ezra J. Mishan

: Costs of Economic Growth

Text :

...how much should the motor-enthusiast have to pay the potential corpse for depriving him of life and liberty? There is more than one way of reckoning the social costs of a pastime that has the incidental effect of killing off one's fellows. And reckoning it the hard way -- at unimaginably large sums necessary to satisfy those who want to be no part of the motorized society -- seems right to me, even if it would entail the abolition of private motoring in any collective choice.

From : Part Two, Chapter 8: External Diseconomies and Separate Facilities, Page 88..

Chronology :

April 11, 2020 : 3 -- Added.
July 09, 2022 : 3 -- Updated.

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