It’s not entirely unlike my plan: No more externalities. That’s the big problem with the environment and with a bunch of other things. Economists call it an “externality” when the things you’re doing have side effects that you don’t have to account for, such as pollution.
The thing is, we let industry and capital get away with it for a long time. And there’s no doubt that fixing it would also impact people. If the cost of properly disposing of a tire was built into the price of the tire, it would be passed along to customers. But it’s the only way to rehabilitate ANY system that uses currency.
It’s not entirely unlike my plan: No more externalities. That’s the big problem with the environment and with a bunch of other things. Economists call it an “externality” when the things you’re doing have side effects that you don’t have to account for, such as pollution.
The thing is, we let industry and capital get away with it for a long time. And there’s no doubt that fixing it would also impact people. If the cost of properly disposing of a tire was built into the price of the tire, it would be passed along to customers. But it’s the only way to rehabilitate ANY system that uses currency.