Life and Art from FT Weekend cover image

Have we hit peak TV? Plus, our debt to bees

Life and Art from FT Weekend

CHAPTER

What Are Externalities?

Johnovan says that often we think of environmental isues as something called externalities. If, for example, you poison a lot of bees with your chemical works, and the cost doesn't fall on you directly, it actually fhoght you. But they're not externalities. And people are starting to realize that we do ultimately have to pay a tangible price. A bee is just an amazing organism because she can do so many different things. She's also a soldier because she can defend her colony if she needs to. Johnathan ather: "There's something really seriously wrong with the balance in nature"

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