23. Market Failures I: Externalities

MIT 14.01 Principles of Microeconomics, Fall 2018
Instructor: Prof. Jonathan Gruber

This lectures covers externalities, which are the costs or benefits that affect a party who did not choose to incur those costs or benefits. Other topics include government solutions and government policy.

License: Creative Commons BY-NC-SA

[peterg]

Powered through despite the audio difficulties, Thanks MIT!

[awesomebearaudiobooks]

This lecture was one of the most information dense of the whole course! And it's not just information, it's myth-debunking information, which is very valuable. If there is a possibility, I wish the MIT stuff recorded this guy speaking once more and published it. Or maybe they've already done that? I mean, he is probably saying these things almost every year to his new students.
(I mean about ecology and taxation)

[cristoroi]

a good lecture and a great professor I really appreciate all your videos, very informative and educational,
Thank you sir

[zscnmxw]

And I hope the administrator had better delete the current video. That act can save the learners a little time and make them have a better experience. Thanks in advance. And also thank you for uploading so many lectures to diversify our knowledge. I like the lecture and the teacher so much.

[filippopreti]

next video is same lect with better audio

[myzone]

Thumbs up for this video.
Very informative and it helps me to understand the market failure theory.

[Darkjnr]

This lecture is very informative. Thanks, Sir.

[ErikHag]

I'm from India... I benefit a lot thank you MIT thankyou Prof Gruber

[samyohangsubba]

The audio made it difficult to understand most of what Prof. Gruber said.

[zygimacharg]

microphone broke from all getting slapped around in the last few lectures.

[viewer]

41:05 "by the time people are drowning"? If ocean's are rising 0.5 in / year, you don't think it's enough time to move before "drowning"? LoL !!!

[edquigle]

The audio on this one makes it very difficult to understand and nearly impossible to hear the comments he's answering. I love this series but this video is a thumbs down.