Wednesday, April 4, 2012

The Rationale For Incorporating Ecology Into Economics

This link is to a video that makes the case for incorporating ecology into economics. It argues that economies are dependent upon ecology for essential resources necessary for economic output as well as for human well being. An economics that does recognize this dependence risks irrelevance due to resource depletion, which is not considered a cost of production, and the costs of dealing with climate changes and other disruptions to the global commons.

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