Briefly explain what means by " The market is a commons." In your brief essay, make sure you cover each of the following points:
a. what is the meaning of "the tragedy of the commons?"
b. why are anarchy and private enterprise fundamentally incompatible(or not)?
c. why is product differentiation particularly troubling when attempting to claim that unregulated competition is inherently efficient?
d. why does the profit motive does not automatically avoid air pollution in the production of steel and other products?
e. why did republicans flip-flopped on a cap-and-trade system to mitigate pollution.