A consumption externality is a situation where a consumer cares directly about another agent’s consumption or production of a particular good. An externality can be positive or negative: 1. Negative: Loud mobile phone use in public places. 2. Positive: Pipe smoking in enclosed public places
Prewriting The nature of news What is news? Charles A. Dana, editor of the New york Sun, once defined it as, anything that interests a large part of the community and has never been brought to its attention before.\ In other words news is what people are talking about. News is new. As Evelyn Waugh described it, News is what the chap who doesn t care much about anything wants to read 1. Put another way, news is a change in the status quo. But does a change in the status quo guarantee
