externalities

CityNerd's Ray Delahanty tallies the personal costs of driving and then the externalities that car dependency imposes on everyone else, with numbers for each. It is an urbanist case that driving is heavily subsidized and costs society far more than drivers pay.

Andreas Antonopoulos answers a Bitcoin Q&A question about energy consumption in mining. He argues that mining is arbitrage for the cheapest electricity, drives investment in renewables, and that the traditional financial system has hidden externalities.