King Rat (gkr) wrote,
King Rat

Eco 200: littering

(individual) The sign at the beach says, $25 fine for littering. A beach user nonetheless tosses his used soda bottles on the sand rather than walk to the distant trash barrel. He knows that the beach patroll has seen him and will issue a citation, but he is very wealthy and so places a very low marginal value on money and a very high marginal value on time. Would you call him a litterer if he is willing to pay the fine? Or has he purchased the right to use the sand as a waste receptacle?

It's not either/or. It's both. He's purchased the right to litter, once. A murderer who's paid his debt to society with a prison term doesn't become a non-murderer because he paid the debt.


  • Scandinavia 2015

    As the Facebook people know, tomorrow I am off to Copenhagen, Stockholm, and several other places in their countries. I am 90% packed. My electronics…

  • First foray into genetic genealogy

    With the new job, I decided to splurge on a genetic test from, hoping to see if it matched me up with anyone. As a bonus, they guess…

  • 401(k) expense ratios

    It’s been years since I got to participate in a 401(k) retirement plan. Last time was when I worked at Expedia. I put the amount in that would…

  • Post a new comment


    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened