Market externalities

    What are “market externalities,” including “positive externalities” and “negative externalities? Give two examples of positive externalities and two of negative externalities. Discuss negative externalities in view of “The story of stuff.” What is “Karl Polanyi’s Paradox” (not his brother “Michael Polanyi’s Paradox”)? Give an example. What is the “Malthusian” theory of population, and what is its underlying ideology? What are the general arguments against Malthusian theory? What is the concept of "the carrying capacity of the Earth"? What is problematic about this concept? What is the “demographic transition” theory and the “wealth flows” theory of population? How do they specifically argue against the Malthusian theory?      

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