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Negative Externalities and the Coase Theorem, Explained

329,960 views

Learn Liberty

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

96%
  • 4:23 / 4:32

Speech Rate:

  • 172 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

parties

/ˈpärdē/

parties
noun other verb

social gathering. Official political groups. To attend, meet, gather at an event to have fun.

categories

/ˈkadəˌɡôrē/

categories
noun other

class or division of people or things regarded as having particular shared characteristics. Groups of things that are similar in some way.

suggested

/sə(ɡ)ˈjest/

suggested
verb

put forward for consideration.

fertilizer

/ˈfərdlˌīzər/

fertilizer
noun

chemical or natural substance added to soil or land to increase its fertility.

growing

/ˈɡrōiNG/

growing
adjective noun verb

Developing, maturing. Act of cultivating plants for food. To improve; to develop better skills over time.

benefit

/ˈbenəfit/

benefit
noun verb

advantage or profit gained. To have a good effect or be helpful.

negative

/ˈneɡədiv/

negative
adjective exclamation noun verb

Being harmful, unwanted or unhelpful. no. In grammar, containing words such as 'no' or 'not'. refuse to accept.

exchange

/iksˈCHānj/

exchange
noun verb

Act of returning something to a store. To share (a look, a few words etc.).

externalities

/ˌekstərˈnalədē/

externalities
noun other

consequence of industrial or commercial activity which affects other parties without this being reflected in market prices. Quality or state of being outside or exterior.

producing
producing
verb

To manufacture something using machines.

private

/ˈprīvit/

private
adjective noun

Being away from others and quiet. (Soldier of) lowest rank of a soldier in the army.

production

/prəˈdəkSH(ə)n/

production
noun

Process of producing or growing food naturally.

oftentimes

/ˈôf(t)ənˌtīmz/

oftentimes
adverb

Mainly US many times; at short intervals.

property

/ˈpräpərdē/

property
noun

Buildings or piece of land owned by someone.

spillovers

/ˈspilˌōvər/

spillovers
noun other

instance of overflowing or spreading into another area. Acts or instances of spilling over.

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