positive externality
2 episodes mention this concept
NewEconomicThinkingFeb 10, 2021The State's Entrepreneurial Role in Driving Technological Innovation, Beyond Market Failure Theory
EconomicsWelfare economicsMarket failureEfficient allocation of resourcesNeoclassical framework- NewEconomicThinkingDec 11, 2019
The Evolving Role of the State in Economics: Market Failure, Government Failure, and the Case for Pluralism
EconomicsMacroeconomicsGovernment policyMonetary gains/lossesNational identity
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Related concepts
Concepts that appear alongside positive externality across episodes.
- market failure
- welfare economics
- national symptoms of innovation
- public-private partnership
- national security
- gross domestic product (gdp)
- free rider problem
- infant industry protection
- de-politicization
- inappropriability
- creative destruction
- american system
- product market spillovers
- basic research vs. applied research
- complete markets
- negative externalities
- protective tariffs
- pluralist approach to economics
- oligopoly
- pastor's quadrant