Externalities Quotes
The best sayings about Externalities that you can share on Instagram, Pinterest, Facebook and other social networks!
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Give me the outside of all things, I am a fanatic for the externality of things.
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Global warming pollution, indeed all pollution, is now described by economists as an “externality.” This absurd label means, in essence: we don’t to keep track of this stuff so let’s pretend it doesn’t exist.
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India saw from the beginning, - and, even in her ages of reason and her age of increasing ignorance, she never lost hold of the insight, - that life cannot be rightly seen in the sole light, cannot be perfectly lived in the sole power of its externalities.
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We now demand glamour and fast-flowing dramatic action. A generation of Christians reared among push buttons and automatic machines is impatient of slower and less direct methods of reaching their goals...The tragic results of this spirit all all about us: shallow lives, hollow religious philosophies...the glorification of men, trust is religious externalities....salesmanship methods, the mistaking of dynamic personality for the power of the Spirit. These and such of these are the symptoms of an evil disease.
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What I have been trying to remind people of for the past 40 years is that you can’t operate an entire conventional system, whether it’s economics, business or the way we live and surround ourselves, what we eat, without recognizing that there are severe negative externalities that are not being accounted for.
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All blame is a waste of time. No matter how much fault you find with another, and regardless of how much you blame him, it will not change you. The only thing blame does is to keep the focus off you when you are looking for external reasons to explain your unhappiness or frustration. You may succeed in making another feel guilty about something by blaming him, but you won't succeed in changing whatever it is about you that is making you unhappy.
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The obvious one, in a market system, in a really functioning one, whoever's making the decisions doesn't pay attention to what are called externalities, effects on others. I sell you a car, if our eyes are open we'll make a good deal for ourselves but we're not asking how it's going to affect her [over there.] It will, there'll be more congestion, gas prices will go up, there will be environmental effects and that multiplies over the whole population. Well, that's very serious.
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If you're in a system where you must make profit in order to survive. You are compelled to ignore negative externalities, effects on others.
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The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced.
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Markets are lethal, if only because of ignoring externalities, the impacts of their transactions on the environment.
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We must have a spiritual rebirth. We must be born out of the belief in externalities into the belief of inner realities, out of the belief that we are separated from God, into the belief that we are part of a Unitary Wholeness.
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I think all countries need to aim to cut the CO2 emissions per person, taking account of externalities like imports and exports.
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Prayer doesn’t work. Perhaps it makes the believer feel better (in the same way that meditation or deep thought would), but prayer doesn’t actually affect the external world. Not only is it ineffective, but it is also a very narcissistic practice… why would a 'God' change its 'Divine Plan' to accommodate any person’s wishes?
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When we experience the power of the Self, there is an absence of fear, there is no compulsion to control, and no struggle for approval or external power.
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The wise man in the storm prays God not for safety from danger but for deliverance from fear. It is the storm within which endangers him[,] not the storm without.
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When you take the entire system into account, ways of developing more of something in one dimension can actually create scarcities in another. If we say we have to increase production because people need more food, more housing, more meat, or more milk, we can make one thing grow in a certain way. But by doing that we create externalities so that there are scarcities in other related things.
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Now all my tales are based on the fundemental premise that common human laws and interests and emotions have no validity or significance in the vast cosmos-at-large.... To achieve the essence of real externality, whether of time or space or dimension, one must forget that such things as organic life, good and evil, love and hate, and all such local attributes of a negligible and temporary race called mankind, have any existence at all.
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Every company that manufactures something is causing some damage either to the soil or water or air. Most companies treat these as externalities. But the growing movement of sustainability calls for companies to internalize these costs. Once companies do this, they will have a strong incentive to reduce their carbon footprint.
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Air is one we hold in common; it has a limited carrying capacity for pollutants and that's being used up by those who pollute the atmosphere. So we have to stop that externality. We would never allow a utility to put their coal slag in a dump truck and back it up to the city park and dump it in unlimited amounts for free. But that is exactly what we do with carbon dioxide and methane.
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