According to William Baxter, the optimal level of pollution is best attained by leaving it to a competitive market.

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In his well-known book, People or Penguins: The Case for Optimal Pollution, William Baxter argued that there is an optimal level of pollution that would best serve society's interests. This optimal level is best attained, according to Baxter, by leaving it to a competitive market.

According to William Baxter, the Optimal Level of Pollution Is