The labor of nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, she exacts a greater price for her work. Where she is munificently bene- cent, she always works gratis. 1 David Ricardo This book interprets nature and the environment as a scarce resource. Whereas in the past people lived in a paradise of environmental superabundance, at present environmental goods and services are no longer in ample supply. The environment fulfills many functions for the economy: it serves as a public-c- sumption good, as a provider of natural resources, and as receptacle of waste. These different functions compete with each other. Releasing more pollutants into the environment reduces environmental quality, and a better environmental quality implies that the environment’s use as a receptacle of waste has to be restrained. Consequently, environmental disruption and environmental use are by nature allocation problems. This is the basic message of this book.
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Economics of the Environment: Theory and Policy
The labor of nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, she exacts a greater price for her work. Where she is munificently bene- cent, she always works gratis. 1 David Ricardo This book interprets nature and the environment as a scarce resource. Whereas in the past people lived in a paradise of environmental superabundance, at present environmental goods and services are no longer in ample supply. The environment fulfills many functions for the economy: it serves as a public-c- sumption good, as a provider of natural resources, and as receptacle of waste. These different functions compete with each other. Releasing more pollutants into the environment reduces environmental quality, and a better environmental quality implies that the environment’s use as a receptacle of waste has to be restrained. Consequently, environmental disruption and environmental use are by nature allocation problems. This is the basic message of this book.
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5
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Economics of the Environment: Theory and Policy
333
Economics of the Environment: Theory and Policy
333Paperback(Seventh Edition 2008)
$54.99
54.99
In Stock
Product Details
| ISBN-13: | 9783642092879 |
|---|---|
| Publisher: | Springer Berlin Heidelberg |
| Publication date: | 11/19/2010 |
| Edition description: | Seventh Edition 2008 |
| Pages: | 333 |
| Product dimensions: | 6.10(w) x 9.25(h) x 0.24(d) |
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