Internalizing externalities
Six to Close Theme by Richard Woodson
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Each post has a story.
It could be about something significant,
or random or maybe just a small detail of something I was thinking about.
Whatever the reason, one day I will look back at all of these posts and hopefully remember a fleeting moment, tangled in words
that tell a story of my life.

-Anna
Anonymous asked: Just wondering, what's the meaning behind your blog's title?

Hmmmm. I came up with it a while ago when I was still in high school and took an economics class. Or actually I should say I didn’t come up with it, it’s an economics term. There are two kinds of “externalties”— positive and negative. Negative externalities are an unintentional cost given to a third party… like say some rich guy built a paper mill plant next to a river that flows downstream and it starts polluting near my house which is downstream. That’s a “negative” externality. And “internalizing” an externality is coming up with a solution for it.

Yup, I guess that’s the gist of it. I remember, I just really liked the idea of that and it was around the time I discovered tumblr so it was fresh on my mind. Hopefully, I didn’t just butcher the definition too bad haha.