3 ms·
"more value = social benefit" -- only if you ignore externalities, it seems to me. If companies had to pay for their environmental impact alone, much of the S&
by pinko 5y ago
"more value = social benefit" -- only if you ignore externalities, it seems to me. If companies had to pay for their environmental impact alone, much of the S&P500 would be wildly unprofitable. Leaving aside social externalities which are harder to quantify...