Mention297387

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so:text They are damages or diseconomies sustained by the economy in general, which under different institutional conditions could be avoided. if these costs were inevitable under any kind of institutional arrangement they would not really present a special theoretical problem. to reveal their origin, the study of social costs must always be an institutional analysis. Such an analysis raises inevitably the question of institutional reform and policy. (en)
so:isPartOf https://en.wikiquote.org/wiki/Karl_William_Kapp
so:description Social Costs of Business Enterprise, 1963 (en)
qkg:hasContext qkg:Context146290
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