54sec snip

The Great Simplification with Nate Hagens cover image

Daniel Schmachtenberger: "Moving from Naive to Authentic Progress: A Vision for Betterment”

The Great Simplification with Nate Hagens

NOTE

The Value of Externalities and Unpriced Resources

Externalities such as the Great Barrier Reef and healthy soil microbes are not currently priced in decision-making and success metrics. While air, essential for life, is valued at nothing because it is accessible to everyone and cannot be patented. However, this lack of pricing leads to continuous damage through industrial processes, pollution, and resource consumption.

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