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Why Addicts' Deaths Are Not a Social Cost of Opioid Consumption, Contributing Guest | EconLog | Library of Economics and Liberty
If we take seriously the basic principles of cost-benefit analysis, an individual's death is a cost to himself, not to "society." It can only be conceived as a cost to society in the derived sense that social costs are the sum of individual costs, but then individual benefits must also be incorporated in social benefits. If a slave-master owns a young, productive slave, the latter's death is a cost to the former. But if the individual owns himself, his death or lost production is a cost only to himself. The normative assumption of self-ownership is a natural one to make for the economist.
smoking  costs  drugs  Becker 
yesterday by HispanicPundit
State Report: Millstone Finances Expected To Be Strong In Coming Years - Hartford Courant
The Millstone Power Station is expected to be profitable for years to come, according to preliminary results released Thursday from a study that Gov. Dannel P. Malloy ordered to determine if it can operate in energy markets increasingly dominated by natural gas.
Millstone  costs  subsidy 
2 days ago by northernpass
Vermont Yankee clean-up fund tops $30M | The Brattleboro Reformer | Brattleboro Breaking News, Sports, Weather, Traffic
Entergy will mark a Vermont Yankee milestone next week, but the occasion won't be accompanied by any fanfare, public meetings or regulatory filings.
BrattleboroReformer  VermontYankee  decommissioning  costs 
2 days ago by northernpass
State Report: Millstone Finances Expected To Be Strong In Coming Years - Hartford Courant
The Millstone Power Station is expected to be profitable for years to come, according to preliminary results released Thursday from a study that Gov. Dannel P. Malloy ordered to determine if it can operate in energy markets increasingly dominated by natural gas.
Hartfordcourant  millstone  DOE  costs  subsidy 
2 days ago by eversourcenh
Vermont Yankee clean-up fund tops $30M | The Brattleboro Reformer | Brattleboro Breaking News, Sports, Weather, Traffic
Entergy will mark a Vermont Yankee milestone next week, but the occasion won't be accompanied by any fanfare, public meetings or regulatory filings.
brattlebororeformer  VermontYankee  decommissioning  costs 
2 days ago by eversourcenh
Proposed Fossil-Fuel Facility Running Out of Options — ecoRI News
The proposed Burrillville fossil-fuel power plant is on life support, according to one of the main lawyers fighting the project.
ecoRInews  Burrillville  costs 
4 days ago by eversourcenh
Burrillville power plant could cost ratepayers millions more than expected - Providence Business News
State regulators are calling on Invenergy Thermal Development LLC to explain how its proposed power plant in Burrillville could end up costing ratepayers millions more than expected.
providencejournal  Burrillville  costs 
4 days ago by eversourcenh
Proposed Fossil-Fuel Facility Running Out of Options — ecoRI News
The proposed Burrillville fossil-fuel power plant is on life support, according to one of the main lawyers fighting the project.
EcoRINews  burrillville  costs 
4 days ago by northernpass
Burrillville power plant could cost ratepayers millions more than expected - Providence Business News
State regulators are calling on Invenergy Thermal Development LLC to explain how its proposed power plant in Burrillville could end up costing ratepayers millions more than expected.
ProvidenceBusinessNews  burrillville  costs 
4 days ago by northernpass

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