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Markets and Social Justice: A Conversation with Nick Cowen

ReImagining Liberty

CHAPTER

The Dynamic Effects of Technology on the Environment

There are a lot of externalities that come from our current reliance on fossil fuels. It's not even just climate change, it's literally the urban environment we're in. I guess what they kind of slightly miss is the dynamic aspect of this, that these technologies themselves were at some point ways of solving other problems. And also when technology changes such that it's possible to track that behavior, to track that activity and there's new alternatives that come in then it is time to transition. But how does that transition happen? It is going to happen substantially through things like innovation and incentives coming out through commercial society.

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