Not everyone earns benefits from entertainment festivals. The BBC news article reports the concerns of citizen living close to the upcoming “Beach Break Live”. The neighbors complain about the noise, litter and traffic they are exposed to during this event.
A negative externality of consumption occurs anytime when an individual or a group, that [...]
Cigarettes are highly taxed products. The article talks about the US-State Indiana which is advising Kentucky to increase their cigarette tax in order to discourage young smokers and reduce tobacco related health costs. Kentucky is stated to tax their cigarettes at 30 cents a pack “The Democrat-controlled House approved a 25-cent increase in this [...]
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