Thursday, October 26, 2017

Economics of pollution

Comment at TRNN where economist Bill Black discusses the economic drivers of pollution:

Excellent piece. Economic considerations rule many if not all areas of public life; therefore it is important to understand and inform the public of the effects and outcomes of economic drivers. 
Bill Black answered the question of why pollution occurs... polluters profit from pollution... and how to prevent pollution... don't let polluters profit (by way of regulation). 
A similar prevention is a better definition of economies: self-organizing and self-sustaining systems of production, distribution and consumption of goods and services that promote the well-being of all participants... Anyone/any institution whose activity is not self-sustaining (in larger context of entire economy) is anti-economic and not allowed to persist.

TRNN: Pollution Kills 9 Million People a Year

No comments:

Post a Comment