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.
Elon MuskRelated topics
bit damage degree environment externality failure gas hide market mining oil reality should transporting remains eternality costsRelated quotes
We mustn't fear to adopt the advanced management methods applied in capitalist countries (...) The very essence of socialism is the liberation and development of the productive systems (...) Socialism and market economy are not incompatible (...) We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations.
Deng Xiaoping
In the vivid description of the Gospel, it would seem that we must help the Christ hidden in every poor man, in every prisioner, in every sufferer. But if we paraphrased the marvelous scene and applied it to the child, we should find that Christ goes to help all men in the form of the child.
Maria Montessori
The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.
Mark Skousen
Eventually, with regret, I left the religious life, and, once freed of the burden of failure and inadequacy, I felt my belief in God slip quietly away. He had never really impinged upon my life, though I had done my best to enable him to do so. Now that I no longer felt so guilty and anxious about him, he became too remote to be a reality.
Karen Armstrong
To the degree to which they correspond to the given reality, thought and behavior express a false consciousness, responding to and contributing to the preservation of a false order of facts. And this false consciousness has become embodied in the prevailing technical apparatus which in turn reproduces it.
Herbert Marcuse
