2 ms·
Only if the costs of each are accurately encoding their externalities. There can be a long delay before this happens, if ever.
by robotresearcher 12y ago
Only if the costs of each are accurately encoding their externalities. There can be a long delay before this happens, if ever.
- SamReidHughes 12y agoNo, not really. The externalities of the plastic is inconsequential. The externalities of glass are probably higher. Have you calculated them?
- robotresearcher 12y agoNo. I'm guessing you haven't either, since no one can. Such confidence in the market. Is/was the market price of Thalidomide, asbestos and cigarettes also perfect? edit: I'm not saying that Tetrapaks will turn out to be terrible, just pointing out that things are priced with complete ignorance of their eventual externalities. And how is the cost of the plastic fragments in the ocean factored in in this example? It won't be zero in the long run.