Tom the Dancing Bug by Ruben Bolling for October 13, 2016

Transcript:

Enjoy this Classic Tom the dancing bug Under the Clean air act, companies can emit up to a certain level of pollutants, But a company that emits less than that level can sell its unused portion to another company whose emission exceed that level. TALES OF MARKET DRIVEN CRIMES Martin ryder s awakened by the sounds of a burglary. His hand reaches to a drawer... And he corners the surprised intruder! Martin: I have every right to kill you -- Im in my own dwelling , and I fear for my own life! But I have a better idea! Hello, Crime brokers? I have a justifiable homicide id like to sell, Operator: Certainly sire, The going rate for the right to kill is 30,000. Martin: Done! Moments Later.... Yeh? you found a seller? thanks, crime - brokers, Okay slug go ahead, Ryder decided not to use his legal right to kill, but instead sold it to slug who had no such right. Thus, ryder over compiled with the law so that slug could under comply. Martin: Okay bub, beat it! scoot! The same number of deaths result, but with a more efficient allocation. Another happy outcome, when crimes are market driven