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What is pollution in economic terms?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...0 Comments 0 Shares 3K Views 0 Reviews
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Why do companies pollute?Why Do Companies Pollute? There is a photograph taken from orbit at night of the Gulf Coast between Houston and New Orleans. The image glows like a motherboard. Refineries, cracker plants, tank farms, pipelines, shipping terminals—a nervous system of combustion visible from space. It is difficult to look at the picture without feeling awe. It is equally difficult to look at it without...0 Comments 0 Shares 3K Views 0 Reviews