A key component of the transition from agriculture-based economies to industrial and service-based economies is the substitution of new technologies for labour in agriculture. This
read moreIn Part 2 I argued that information about environmental values is essential for making good decisions about how to spend the money in environmental programs.
read moreCriticisms that have been leveled at survey-based methods for putting dollar values on the environment include: that the results have been shown to be inaccurate
read moreWhy is it a good idea to estimate the dollar values of environmental benefits? To help with decision making about public investment in environmental projects,
read moreThe idea of putting dollar values on intangible environmental benefits seems to polarise people. At one end of the spectrum, some believe it’s of critical
read moreEverybody knows that as a good becomes scarcer, its price is likely to go up. Scarcity can be a natural phenomenon, or can be induced
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