Wednesday, 18 December 2013

An Economist’s Perspective on Value

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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