Broadly in agreement but I don’t think the examples are actually the pure version of what he is saying. It sounds like he is classifying goods based on the ratio of private benefit/social effect ish, so yes things with a very high private benefit and plausibly low externalities are definitely good but I feel less confident than him we could say that about refrigerators for instance.
What do you think of Manheim’s simple explanation for what makes good technologies good?
Broadly in agreement but I don’t think the examples are actually the pure version of what he is saying. It sounds like he is classifying goods based on the ratio of private benefit/social effect ish, so yes things with a very high private benefit and plausibly low externalities are definitely good but I feel less confident than him we could say that about refrigerators for instance.