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We have a slew of safety regulations that apply to, for example, chemical plants that handle substances every bit as dangerous as anything in a nuclear reactor. They basically work. They increase the operating cost a little bit. But they're not purposely designed to make the operation prohibitively expensive, so they don't.

Pricing externalities is a cost/benefit calculation, because overhead and inefficiency are externalized harms too. If you can prevent a 1 in 100 chance of a million dollar loss for $100 then you do it. If you have the "opportunity" to prevent a 1 in 10,000 chance of a million dollar loss for $10,000, you don't, because the expected cost of preventing the loss is more than it is to incur it. Unless you're trying to destroy something, and then you insist on it.



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