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Externalities

This paper aims to describe in detail the problem of externalities, moves to discuss Coase’s theorem, and concludes by disproving it.
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Market Failures

This paper sets out to define and describe market failures, how government intervention prevents them or minimizes their effects, and the arguments against government intervention.
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West European Welfare States

Elinor Scarbrough’s article, Western European welfare states: The old politics of retrenchment, attempts to rebut Pierson’s argument. She discusses what she thinks is Pierson’s major flaw: his claim that welfare state retrenchment politics cannot be explained at all in terms of original welfare state expansion. Scarbrough argues the opposite instead, claiming that scaling back the welfare state...
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John Locke on Property Rights

Critical Analysis of John Locke’s Theory of Property Rights in Chapter Five of the Second Treatise of Government
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Comment on Externalities
Posted on June 3, 2007

omggggggggggg i wrote this at 6am. I repeated things and made numerous typos! APOLOGIES! You get the idea, though ;-)

Comment on John Locke on Property Rights
Posted on June 3, 2007

that* not than expense* not expensive My apologies. :-)

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Erik F. Meinhardt

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