Observatoire des droits humains (anglais seulement)

Fireworks provide a few minutes of joy, but the economic and environmental costs last much longer

(Version anglaise seulement)

par Narmin Nahidi, Assistant Professor in Finance, University of Exeter

Every Bonfire Night, people pay for a box of fireworks so their friends and family can enjoy the colourful display. Within a few minutes, it’s all over. But the price on the box doesn’t reflect the hidden costs. The smoke inhaled by neighbours, the animals disturbed or the public services called out when things go wrong.

It’s not a question about whether fireworks celebrations are enjoyable, but whether the people enjoying them are aware of – or actually paying for – their full cost. Economists call this…

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