In the News
Externalities and Market Failure - The Toxic Legacy of 3M's 'Forever Chemicals'

28th December 2022
Chemical giant 3M has announced that it is going to stop the manufacture of so-called forever chemicals. However, the damage may already have been done.
Manufacturing giant 3M to stop making 'forever chemicals' https://t.co/j2Fa0RlyNP
— BBC News (World) (@BBCWorld) December 20, 2022
In this instance, an Antwerp family believe that toxins in the water and soil close to 3M's Antwerp factory have already compromised their health and that 3M has done little to clean up the damage, as promised. This is an example of a horrific human cost of pollution, a very real instance of how negative externalities adversely impact lives.
The fight over a tunnel project in Belgium has revealed extraordinary levels of toxins in the water, soil and people near a 3M factory https://t.co/1Tdk046mlC
— Bloomberg (@business) December 23, 2022
You might also like
Housing Market Failure (Revision Presentation)
Teaching PowerPoints

Scotland introduces a minimum charge for plastic bags
21st October 2014
Flood defences and the Public Goods debate
7th January 2014

Information Economics - How Many Sugars in a Coke?
5th January 2014

Cigarettes, demerit goods and government failure
12th July 2013
25 stories on Market Failure
21st January 2016

Climate Change Policies - Finding the Right Mix
30th April 2012
Alcohol information failure
13th January 2010