Externalities

We’re familiar with the externalities of industrial production and consumption. They’re fairly predictable, and often visible. Even air pollution, the silent killer, is usually visible when it happens, before the poison spreads. It’s a perfect example of a negative externality – something put into the world that everyonepays for, not just the producer or the consumer. What are the externalities…

Vision. Positioning. Execution. (1)

You see the traffic, approach the road, pause at the kerb, lean forward just as someone passes to get some forward motion, then step into the space between cars. Or you press the button and wait for the light. You see a public holiday on the calendar, decide that you want to go away, decide where and who with, then…