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Environmental external effects are evidence of the inability of market prices to reflect the interdependence of economic activities undertaken within a common environment. They are an essential - not a peripheral - feature of all market economics. This essay shows how external effects are produced by the interaction of the economy with its environment, using a classical mass-balance model. No matter how efficient the market may seem to be, the use of market prices to determine depletion and pollution decisions creates more problems than it solves. Far from sharing the stable or relatively stable equilibrium properties of most economic models, the market economy is shown to be forced by its environment through a seemingly chaotic sequence of states. Reliance on the market to accommodate each change of direction merely exaggerates the general instability of the system. The 'market solution' to environmental problems is shown to generate only increasing uncertainty, a progressive myopia, and a heightened risk of conflict.
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Biodiversity change is the biggest environmental problem of our time. It leads to much more than species extinctions, affecting the food we eat, the diseases we face, our vulnerability to fire and flood, and our ability to adapt to climate change. Our Uncommon Heritage explores the many dimensions of human-driven biodiversity change. It integrates ecology, economics and policy to examine the causes and consequences of changes in ecosystems, species and genes, and to identify better ways to manage those changes. It explores the place of biodiversity in the wealth of nations, the rights and responsibilities people have for natural resources at local, regional, national and international levels, and the challenges faced in protecting the common good at the global level. This is an important book for students and researchers in the fields of conservation and sustainability science, ecology, natural resource economics and management. It also has much to say to those engaged in international conservation, health, agriculture, forestry and fisheries policy.
Ecology --- Biodiversity --- Ecosystem services. --- Environmental economics. --- Economics --- Environmental quality --- Services, Ecosystem --- Biological diversification --- Biological diversity --- Biotic diversity --- Diversification, Biological --- Diversity, Biological --- Biology --- Biocomplexity --- Ecological heterogeneity --- Numbers of species --- Ecological economics --- Economic aspects. --- Environmental aspects --- Economic aspects
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Copper miners --- Industrial relations --- History --- History
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AA / International- internationaal --- 351.2 --- 355 --- 330.00 --- Openbare gezondheid. Milieubescherming. Milieuvervuiling. --- Milieu --- Economische en sociale theorieën: algemeenheden. --- Environmental economics --- Economics --- Environmental quality --- Economische en sociale theorieën: algemeenheden --- Openbare gezondheid. Milieubescherming. Milieuvervuiling --- Environmental aspects --- Economic aspects
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