Public Goods and Secondhand Smoke

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September 2, 2023

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Is Secondhand Smoke Bad, or Is It a Public Good? It’s Complicated ([link removed])
By Connor Mortell
The usual answer is that secondhand smoke is bad. But if value is subjective, perhaps secondhand smoke also can be seen as a public good.

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How People Determine the Value of a Good ([link removed])
By Frank Shostak
In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value.

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