Chapter 3 Question 6

A part that stuck out to me was in the beginning when he was talking about buying a new car based on his current needs at the time. At first he owned a Honda Civic then got a Ford Explorer based on the needs of his growing family and their safety. He got a car that was more practical for him and his family but it did more harm to the other around him because his new car is less fuel-efficient. He thought of the pros and cons for buying this new car, but he mainly focused on how he and his family would be effected, and not everyone else who could be effected in the long run. I think when talking about externalities, especially negative ones, it is easy to think about things like smoking, which seems obvious how it can negatively effect the people who are surrounded by smokers but I think most people (well for me at least, not that I've had to make that many choices that could impact that many people) don't really think all the way through about the things they do or buy on how they will effect people as a whole rather than just themselves.