An Economist's Take On Guns

It's hard these days to have a rational conversation about guns. We mostly seem to share views with those who share our views. I have posted a couple of things on my facebook page, and mostly don't hear anything from my gun nut enthusiast friends.

But here are some thoughts by an economist: http://newmonetarism.blogspot.com/2012/12/guns.html

I'm not sure what I think about his ideas, but guns are certainly a good example of economic externalities. A Pigouvian tax? Interesting idea. Maybe liability insurance as a practical way to implement the idea. It works (mostly) with cars.