Post written by C. Will
Motu
has just released a Note on “Value and Natural Capital: Examining the Economist’s Perspective” written by Josh Pemberton and Suzi Kerr. The paper considers what economics
brings to a conversation about environmental value, and what the limits of its
contribution might be.
Many of you will have experienced how
different people can view the same problem or issue in various ways. With this
in mind, this paper seeks to highlight and examine the assumptions and implicit
goals that underpin the way in which economists think about value in general,
and environmental value in particular.
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