Sex Shop and Negative Externalities
I bet the title enticed lots of you to read this. Chapter 11 discusses externalities. The Salt Lake Tribune had an article about a proposed store that sells lingerie and sex-toys. Apparently lots of people in the area are upset about the store called Blue Boutique coming to the area. Mayor Rocky Anderson supports it and the developer is not backing down from the opposition. It is apparent that those opposed to the store think that there are to many negative externalities that would come along with it. None of the externalities mentioned are monetary but the type of people that it may bring to the area as well as the curiosity it will raise in nearby children seem to be the big concerns. When retailers look to move into an area, there are many externalities that go along with it. I used to live near a small town that Walmart wanted to come to and there was lots of discussion about the externalities both positive and negative that it would bring. After discussion, the positives seemed to outweigh the negatives and Walmart was allowed in. It will be interesting to follow this story and see where it goes.