Quotes About Externalities

Why would you invest in a company which is out of synch with the needs of society, that does not take its social compliance in its supply chain seriously, that does not think about the costs of externalities or of its negative impacts on society?

The problem is that those who produce the emissions do not pay for that privilege, and those who are harmed are not compensated.

In the U.S., society and the environment have to pick up the tab produced by capitalist activity.

The case can be put less negatively: where network effects (positive network externalities) dominate, open source is likely to be the right thing.

Somewhere, floating in a muddled abstraction beyond your existence as a generally good person, are the Externalities. Fuck 'em and God Bless 'em.

The consequences of dependence on the horse in 1870 involved negative externalities unrecognized by GDP, including manure and urine distributed on the streets and the cost of the unlucky laborers assigned to clean up the tons of horse waste, not to mention the diversion of a substantial part of agricultural production to feed the ubiquitous horses, in 1870 numbering 8.6 million, or roughly one horse for every five people.

Few, if any, corporations absorb the full cost of their operations. Corporations shove many of their costs onto the environment, the public sector, and distant third parties.

Good debt accrues assets that generate positive returns and externalities.

Companies that pollute should be taxed so that a product's cost to society is reflected in the price of that product.

For there is no creature whose inward being is so strong that it is not greatly determined by what lies outside it.

For there is no creature whose inward being is so strong that it is not greatly determined by what lies outside it.

Your Gain Is My Pain: Negative Psychological Externalities of Cash Transfers.

Companies that pollute should be taxed so that a product's cost to society is reflected in the price of that product.

the Pigouvian tax, a tax that's added to the price of a thing because of the social cost of that thing. Like the tax on cigarettes.

People 'over-produce' pollution because they are not paying for the costs of dealing with it.

Many markets work best with little or no outside interference. But others - especially those subject to big 'externalities' - need a helping hand.

Markets are lethal, if only because of ignoring externalities, the impacts of their transactions on the environment.

GDP has been a con perpetrated upon the poor of the world: a measure of economic activity and not of actual wealth. What it masks is the way in which we transform their natural capital into our consumption through international rules that regard the ecosystem services upon which they rely as mere externalities.

Spirituality is indeed the master-key of the Indian mind; the sense of the infinite is native to it. India saw from the beginning -- and, even in her ages of reason and her age of increasing ignorance, she never lost hold of the insight -- that life cannot be perfectly lived in the sole power of its externalities.

India saw from the beginning, and, even in her ages of reason and her age of increasing ignorance, she never lost hold of the insight, that life cannot be rightly seen in the sole light, cannot be perfectly lived in the sole power of its externalities.

It is extremely interesting to live in a private house and to see the externalities, at least, of domestic life in a Japanese middle-class home.

Economic externalities are framed—thanks to their very name—as a peripheral concern in mainstream theory.

Classical economics values things by seeing how much someone will pay for them. But this is where classical economics is wrong. What it fails to account for are all the 'externalities' - the services people regard as free goods: pollination services, flood protection, climate regulation, soil stabilization, carbon sequestration.

India saw from the beginning, and, even in her ages of reason and her age of increasing ignorance, she never lost hold of the insight, that life cannot be rightly seen in the sole light, cannot be perfectly lived in the sole power of its externalities.