Have you ever read the article below:
Muñoz, Lucio, 2023. Sustainability thought 174: Using the sustainability market price to derive the three imperfect market ways to manage the consequences of distorted traditional market pricing mechanisms under externality cost management, In: International Journal of Latest Engineering and Management Research (IJLEMR), Vol. 8, Issue 1, January, Pp. 01-13, ISSN: 2455-4847, India.
https://www.researchgate.net/publication/367021378_Sustainability_thought_174_Using_the_sustainability_market_price_to_derive_the_three_imperfect_market_ways_to_manage_the_consequences_of_distorted_traditional_market_pricing_mechanisms_under_externali?_tp=eyJjb250ZXh0Ijp7ImZpcnN0UGFnZSI6ImhvbWUiLCJwYWdlIjoic2VhcmNoIiwicG9zaXRpb24iOiJwYWdlSGVhZGVyIn19
Rubee, well said. If you read the article you will understand the academic point of view linked imperfectly to what you said. Feel free to make any comment after reading the article, I will reply.
Respectfully yours;
Lucio
2023 ideas linking sustainability market price, imperfect markets, externality cost management and distorted traditional markets: recent 2023 work formalizes a “sustainability market price” concept that seeks to internalize social and environmental costs, shows how imperfect (dwarf) markets arise when only some externalities are priced, and proposes tiered policy fixes (taxes, tradable permits, subsidy re-design, and targeted micro-markets) to close the gap between distorted traditional prices and true social costs.
chuck as far as I now I am the only way using the traditional market price to go to perfect and imperfect thinking, be it yellow sustainability or dwarf yellow sustainability or red sustainability or dwarf red sustainability or green sustainability or dwarf green sustainability, structure on full cost accounting as the starting point. Do you know someone doing what I am doing?