> ... through contrivance he can impose.. diseconornies on other[s]..bargaining within the new market.. will... make him better off. The more significant the social cost imposed upon his neighbor, the greater will be his reward... It follows from the orthodox assumption of #MaximizingMan that each man will create a maximum of #SocialCosts which he can impose on others. D'Arge and I have labeled this process "the invisible foot" of the laissez faire ... market place.
https://znetwork.org/wp-content/uploads/zbooks/www/books/3/3.htm#3.2.1
#InvisibleFoot #LaissesFaire #EKHunt #AlbertHahnel
Chapter 3 - externalities and Public Goods

criticism of the traditional treatment of externalities and public goods and the exciting literature on

Can the N.L. mining industry boom without an environmental bust?
At least 31 of Canada’s 34 critical minerals can be found in Newfoundland and Labrador, and the mining industry is ramping up to get them. But can that expansion happen without big social and environmental costs? We asked two experts to weigh in.
https://www.cbc.ca/player/play/9.7138501?cmp=rss
Forgetting what #democracy is for & all about
"Poland's post-communist economic record was remarkable.. But te full #socialcosts of tis #economic #transformation hv been underappreciated.. (w) radical #freemarket reforms, #inequality soared.. While #privatisation & #deregulation lifted GDP, te same processes also fractured te body politic.. #Wałęsa helped usher in #Poland's democratic era, but recently conceded: "We did one thing wrong. We forgot abt te #people"" #lessons
https://www.bangkokpost.com/opinion/opinion/3066520/forgetting-what-democracy-is-for-and-all-about

While this is a UK investigation, I regularly see farmed fish, esp branzino (a Mediterranean sea bass) from overseas in US markets - Even in coastal areas, where I can get excellent local fish. Why? Yes, it's cheaper. And why shouldn't we have cheap good food? Maybe because the low price doesn't reflect the actual costs. Pity a sustainability labeling folks don't look at a total impacts. Another area of market failure.

https://www.theguardian.com/environment/2025/may/22/the-hidden-cost-of-your-supermarket-sea-bass?CMP=Share_AndroidApp_Other

#Agribusiness is a problem in seafood #fishfarming #SocialCosts

The hidden cost of your supermarket sea bass

Revealed: an investigation shows how consumers buying fish in the UK are playing a role in food insecurity and unemployment in Senegal

The Guardian

The #Environmental Lecture Series is back on Wednesdays this semester with the theme "Beyond the Shelf: The #EnvironmentalDebt of Our #Consumption." It explores the hidden environmental and #socialcosts of everyday consumption. Register now: http://go.tum.de/877130

📷TUM

Environmental Lecture Series – Referat für Umwelt

2025 CAFS Social, Book Launch and Awards Ceremony

Join us for an unforgettable evening of celebration and social connection at one of Toronto's newest hot spots, And/Ore.

Eventbrite
Zoom bias: The social costs of having a 'tinny' sound during video conferences

Most job candidates know to dress nicely for Zoom interviews and to arrange a professional-looking background for the camera. But a new Yale study suggests they also ought to test the quality of their microphones.

Phys.org

Titans of Industrial Agriculture: How a Few Giant Corporations Came to Dominate the Farm Sector and Why It Matters

Featured in 2025 CAFS Social, Book Launch and Awards Ceremony

Details and Tickets: https://foodstudies.info/news-conferences/upcoming-conference/

#CongreSSH #FoodStudies #Toronto #Food #TorontoFoodie #FoodWays #FoodSovereignty #FoodPolitics #FoodArt #CAFS2025 #ACEA2025

#OpenAccess #BooksAboutFood #Agriculture #FreeBook #IndustrialAg #Fertilizer #BigAg #Agribusiness #IndustrialFarming #Pesticides #SocialCosts

Upcoming Conference

FOUNDATIONS, EVOLUTIONS, & REVOLUTIONS We are pleased to announce that the 2025 Canadian Association for Food Studies Assembly will be hosted at George Brown College in Toronto, Ontario from June 2- June 5, 2025, and will be delivered in conjunction with the Federation for Humanities & Social Sciences Congress (running May 30 to June 6, 2025). The broader theme of

Canadian Association for Food Studies
Researcher says high screen time associated with social, emotional problems in children

A developmental psychologist says children who spend too much time in front of a screen can develop social and emotional problems well into adolescence.

ABC News