alt Hacker NewsI'm genuinely struggling to think of a sector of billion dollar business that doesn't rely heavily on externalized costs. I'm not trying to be difficult, but I can't come up with any.
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dartharva • today at 3:37 PM
Education.
I'm genuinely struggling to think of a sector of billion dollar business that doesn't rely heavily on externalized costs. I'm not trying to be difficult, but I can't come up with any.
Education.
Externalities exist in every transaction, it just means the value created or lost outside of the transaction.
So the reason you can’t think of any is because no economic activity exists with out them.
But externalities can both be positive or negative.