What is pollution in economic terms?

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2026-05-21 19:27:33 -

What Is Pollution in Economic Terms? There is a habit in modern economics of describing the living world as though it were a rounding error. A forest becomes “timber inventory.” A river becomes a “resource input.” A child with asthma near a refinery becomes an “externality.” The language itself performs a kind of laundering. Smoke leaves a stack, enters...

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