The design objectives behind the bin were efficient use of space and safety: to provide at least as much space as the older round bins, whilst reducing the risk of injury caused by moving it. This is important for both the householder and the waste collector, who risked injury through lifting the traditional bin or from sharp, or possibly contaminated objects in garbage bags. Standardisation of dimensions is important because the bins must be lifted by a standard sized hoist on the dustcart. The bins are lifted by the lip at the front which must be designed for maximum stiffness and mechanical strength. The underside of the lip is therefore reinforced by numerous ribs in the case of the thermoplastic bins. Steel bins have a much simpler lip owing to the properties of steel.
Fiscal efficiency is separate from economic efficiency. Economic analysis of recycling includes what economists call externalities, which are unpriced costs and benefits that accrue to individuals outside of private transactions. Examples include: decreased air pollution and greenhouse gases from incineration, reduced hazardous waste leaching from landfills, reduced energy consumption, and reduced waste and resource consumption, which leads to a reduction in environmentally damaging mining and timber activity. About 4,000 minerals are known, of these only a few hundred minerals in the world are relatively common. At current rates, current known reserves of phosphorus will be depleted in the next 50 to 100 years. Without mechanisms such as taxes or subsidies to internalize externalities, businesses will ignore them despite the costs imposed on society. To make such nonfiscal benefits economically relevant, advocates have pushed for legislative action to increase the demand for recycled materials. The United States Environmental Protection Agency (EPA) has concluded in favor of recycling, saying that recycling efforts reduced the country's carbon emissions by a net 49 million metric tonnes in 2005. In the United Kingdom, the Waste and Resources Action Programme stated that Great Britain's recycling efforts reduce CO2 emissions by 10–15 million tonnes a year. Recycling is more efficient in densely populated areas, as there are economies of scale involved.
In a 1996 article for The New York Times, John Tierney argued that it costs more money to recycle the trash of New York City than it does to dispose of it in a landfill. Tierney argued that the recycling process employs people to do the additional waste disposal, sorting, inspecting, and many fees are often charged because the processing costs used to make the end product are often more than the profit from its sale. Tierney also referenced a study conducted by the Solid Waste Association of North America (SWANA) that found in the six communities involved in the study, "all but one of the curbside recycling programs, and all the composting operations and waste-to-energy incinerators, increased the cost of waste disposal."
Some industries, like the renewable energy industry and solar photovoltaic technology in particular, are being proactive in setting up recycling policies even before there is considerable volume to their waste streams, anticipating future demand during their rapid growth.
Many economists favor a moderate level of government intervention to provide recycling services. Economists of this mindset probably view product disposal as an externality of production and subsequently argue government is most capable of alleviating such a dilemma.