"Social costs... are all direct and indirect losses sustained by third persons or the general public as a result of unrestrained economic activities."
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Academics from the United StatesAcademics from GermanyEconomists from GermanyEconomists from the United StatesSystems scientists
Original Language: English
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p. 12. Cited in: M. Rangone & S. Solari (2012) "Southern European capitalism and the social costs of business enterprise". in: Studi e Note di Economia, Anno XVII, n. 1-2012, pp. 3-28
https://en.wikiquote.org/wiki/Karl_William_Kapp
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Karl William Kapp
Karl William Kapp (October 27, 1910 – April 4, 1976) was a German-American economist, one of the founders of ecological economics and one of the leading 20th century institutional economists.
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