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Externalities: Calculating the Hidden Costs of Products

Naval
Naval
Episode • Jul 31, 2019 • 1m

Externalities let you account for the true cost of products by including hidden costs like environmental damage.

• Pricing externalities properly is more effective than feel-good measures 0:32

• Properly pricing externalities can save resources in a tremendous way 1:10

Transcript: http://nav.al/externalities

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